The Business Case for Investing in Physician Well-being
Palo Alto University · Stanford University · +2 more institutions
Abstract
Importance: Widespread burnout among physicians has been recognized for more than 2 decades. Extensive evidence indicates that physician burnout has important personal and professional consequences. Observations: A lack of awareness regarding the economic costs of physician burnout and uncertainty regarding what organizations can do to address the problem have been barriers to many organizations taking action. Although there is a strong moral and ethical case for organizations to address physician burnout, financial principles (eg, return on investment) can also be applied to determine the economic cost of burnout and guide appropriate investment to address the problem. The business case to address physician…
Citation impact
- FWCI
- 105.10
- Percentile
- 100%
- References
- 72
Authors
3Topics & keywords
- Burnout
- Medicine
- Productivity
- Psychological intervention
- Revenue
- Return on investment
- Organizational culture
- Investment (military)