Boosting Physician Retention with Relocation and CME Benefits

With industry-wide shortages, retaining skilled physicians has become more important than ever, directly impacting healthcare organizations' ability to deliver exceptional patient care. In this guide, we will delve into the complexities of the challenge of retaining physicians, examining the contributing factors and exploring strategies to overcome it.

The Challenge of Retaining Physicians

The demand for healthcare services is high, but there is a shortage of medical professionals, putting pressure on administrators. Healthcare organizations should support their physicians by providing competitive salaries, relocation allowances, and CME benefits that fulfill both their professional and personal needs. Offering generous relocation allowances can be a pivotal factor in attracting and retaining top talent, making transitions smoother for physicians and their families.

Search All Physician Jobs


What are Relocation Allowances?

Relocation allowances offer important financial incentives to ease the transition of physicians moving to new locations. These allowances typically cover various expenses associated with relocating, such as moving costs, temporary housing, and travel expenses. By relieving these financial burdens, relocation allowances make it easier for physicians to settle into their new roles and communities with less stress.

According to the 2024 Review of Physician and Advanced Practitioner Recruiting Incentives, the average relocation allowance offered to physicians is $11,284. This figure acts as a benchmark for healthcare organizations striving to attract top medical talent by effectively supporting their relocation needs.

Financial incentives contribute to retaining esteemed medical professionals, yet they are only one aspect of a broader strategy. In addition to relocation support, locum tenens positions present an effective solution to staffing challenges, enabling physicians to temporarily fill roles across diverse locations.

Why Relocation Matters for Locum Tenens Physicians

Relocation is a significant consideration for locum tenens physicians as it offers a unique opportunity to experience diverse healthcare environments and patient populations. By moving to different locations, these physicians can gain a broader range of medical experiences, enhance their adaptability, and improve their professional skills.

Additionally, relocation allows them to enjoy new cultural and geographical settings, which can be personally enriching and refreshing. This flexibility not only benefits the physicians in terms of career growth but also empowers healthcare organizations by providing them with skilled professionals capable of addressing varying medical needs.

Relocation allowances are essential, as are Continuing Medical Education (CME) benefits, in helping physicians transition smoothly into new roles while staying updated on the most recent advancements in medicine.

CME Benefits for Professional Growth

The Importance of CME for Physicians

Continuing Medical Education (CME) is vital for healthcare professionals to maintain their licenses, stay current with the latest medical advancements, and continually improve their clinical skills. It ensures that practitioners are up-to-date with best practices and emerging technologies, ultimately enhancing patient care.

The 2024 Review of Physician and Advanced Practitioner Recruiting Incentives highlights that the average CME allowance is $3,969, emphasizing the significant investment in ongoing education. This financial support underscores the importance placed on lifelong learning and professional development in the medical field.

Enhancing Retention through CME Benefits

Offering Continuing Medical Education (CME) benefits highlights a facility's dedication to the professional growth and development of its staff. By providing access to a wide range of educational opportunities, including online courses, interactive workshops, and international conferences, healthcare organization's empower physicians and other medical professionals to excel in their fields. This ongoing education not only enhances their skills and knowledge but also boosts job satisfaction. Consequently, it leads to improved quality of patient care as well.

See Also
Physician Burnout: Concerns and Solutions in Healthcare


Relocation and CME Benefits at AMN Healthcare

Complimentary CME Courses Online and On-Demand

At AMN Healthcare, we understand the importance of Continuing Medical Education (CME) in equipping physicians to remain leaders in their fields. Understanding the fast-paced and demanding nature of the healthcare profession, we offer complimentary access to a diverse array of online and on-demand CME courses.

These courses are meticulously designed to integrate seamlessly into physicians’ busy schedules, allowing them to enhance their expertise and skills without disrupting their daily routines. By providing these valuable learning opportunities, we aim to support continuous professional development and ensure that healthcare professionals can deliver the highest standard of care to their patients.

Relocation Allowances

Our relocation allowances are carefully tailored to meet the unique needs of each physician, ensuring a personalized experience. We strive to ease the transition process by offering comprehensive support that fosters a sense of belonging and stability.

By removing relocation barriers, we help physicians settle smoothly into their new environments, allowing them to focus on their professional pursuits without added stress. Our dedicated team is available to assist with any queries or challenges, ensuring a seamless move.

Advance Your Physician Career Today

The evolving healthcare landscape demands retaining skilled physicians. Relocation allowances and CME benefits support their professional and personal growth, addressing financial and educational needs while fostering a supportive culture and ensuring exceptional patient care.

At AMN Healthcare, we’re dedicated to connecting you with qualified physicians and advanced practitioners, efficiently addressing staffing needs across various practice settings. Learn more about how we can support your organization in the mission of care.

Apply Now

Latest News

Screening Guidelines Every Family Medicine Physician Should Follow in 2025
PhysicianMarch 13, 2025

Screening Guidelines Every Family Medicine Physician Should Follow in 2025

For 2025, significant updates have been made to emphasize personalized medicine, technological advancements, and population-specific needs. 

Otolaryngologist Salary Outlook 2025
PhysicianMarch 13, 2025

Otolaryngologist Salary Outlook 2025

For otolaryngologists, also known as ears, nose, and throat (ENT) specialists, salary trends reveal not only the growing demand for their expertise but also the evolving dynamics of healthcare

Preparing for Match Week: How to Create Your Rank Order List
PhysicianFebruary 26, 2025

Preparing for Match Week: How to Create Your Rank Order List

Match Week is one of the most exciting—and nerve-wracking—moments in a medical student's life. It's the culmination of years of hard work, perseverance, and ambition, where students

Key Skills for Success in Child and Adolescent Psychiatry
PhysicianFebruary 20, 2025

Key Skills for Success in Child and Adolescent Psychiatry

Child and adolescent psychiatry is a deeply rewarding yet multifaceted field that requires a unique blend of clinical expertise, empathy, and communication. These young patients often exhibit

How Much Does a Rheumatologist Make?
PhysicianFebruary 19, 2025

How Much Does a Rheumatologist Make?

 On average, salaries for pediatric rheumatologists range from $180,000 to $210,000 per year, according to Salary.com and other healthcare industry sources.

Psychologist Salary Guide 2025
PhysicianFebruary 19, 2025

Psychologist Salary Guide 2025

Psychologists—whether employed in schools, healthcare, or independent practice—continue to experience solid demand across the U.S. According to Salary.com the average psychologist

Radiologist Salary Guide for 2025 and Specialties
PhysicianFebruary 06, 2025

Radiologist Salary Guide for 2025 and Specialties

Whether you're considering permanent employment, pursuing locum tenens work, or exploring subspecialties like Diagnostic Radiology, Vascular & Interventional Radiology, or Mammography, this

Advances in Radiation Techniques for Hematology and Oncology
PhysicianFebruary 06, 2025

Advances in Radiation Techniques for Hematology and Oncology

Over the years, groundbreaking advances in radiation technology have revolutionized hematology and oncology, improving outcomes and quality of life for countless patients. 

Article search

Take the first step to starting your new career.

* Indicates Required Fields

 

I agree to receive emails, automated text messages and phone calls (including calls that contain prerecorded content) from and on behalf of AMN Healthcare, and affiliates. Show more I understand these messages will be to the email or phone number provided, and will be about employment opportunities, positions in which I’ve been placed, and my employment with AMN companies. See privacy policy or cookie policy for more details. Show less

* Indicates Required Fields

 

I agree to receive emails, automated text messages and phone calls (including calls that contain prerecorded content) from and on behalf of AMN Healthcare, and affiliates. {{show_more}} I understand these messages will be to the email or phone number provided, and will be about employment opportunities, positions in which I’ve been placed, and my employment with AMN companies. See privacy policy or cookie policy for more details.

Complete Your Application!
Continue to NurseFinders to complete your application and profile.