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In this Unfiltered episode of Fixing Healthcare, co-hosts Dr. Robert Pearl and Jeremy Corr welcome back cardiologist and burnout expert Dr. Jonathan Fisher to explore a surprising and growing trend: the rise of physician side gigs.
The discussion opens with eye-opening statistics: 40% of doctors now have a side gig, bringing in an average of $34,000 annually. This shift marks a stark departure from the past, when physicians expected to practice medicine full-time for decades.
Drs. Pearl and Fisher debate the driving forces behind this change, from rising burnout and financial pressures to shifting generational attitudes about work and career fulfillment.
The conversation also tackles broader questions about the evolving role of doctors in modern medicine. As AI reshapes healthcare and physicians increasingly work for large institutions rather than private practices, has medicine become less stimulating? Are doctors seeking side gigs as an outlet for creativity, financial stability or a deeper sense of purpose? And how can healthcare organizations adapt to retain and empower their workforce?
Key topics discussed in this episode include:
• The staggering rise in physician side gigs and what’s driving the trend
• How burnout, job dissatisfaction and financial pressures factor in
• The shift from independent practice to hospital employment
• Medicine’s declining intellectual stimulation and the search for creative outlets
• The role of AI in reshaping doctors’ work and financial futures
• What healthcare leaders must do to engage and retain top medical talent
For more raw, unfiltered commentary, listen to the full episode and check out these helpful links:
‘Just One Heart’ (Jonathan Fisher’s newest book)
‘ChatGPT, MD’ (Robert Pearl’s newest book)
Monthly Musings on American Healthcare (Robert Pearl’s newsletter)
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Fixing Healthcare is a co-production of Dr. Robert Pearl and Jeremy Corr. Subscribe to the show via Apple Podcasts or wherever you find podcasts. Join the conversation or suggest a guest by following the show on Twitter and LinkedIn.