PHYSICIAN BURNOUT HAS HEALTH FIRMS DISHING OUT NEARLY $5B A YEAR

Physician burnout costs the US nearly $5 billion each year and runs health organizations almost $8,000 per employed physician, according to new research in Annals of Internal Medicine. Burnout afflicts nearly half of US doctors and will likely become more severe as imminent doctor shortages burden employed physicians with heavier clinical and administrative workloads.

And physician burnout could land health systems in hot water: If a doctor’s burned out, their likelihood of committing costly medical errors triples, MDLinx reports. This is why we’ll likely more see more hospitals pivot toward adopting tech that streamlines doctors’ workflows.

For example, 80% of doctors who work with telemedicine provider Doctor on Demand and conduct virtual visits report an improved work-life balance. And other digital solutions that expedite onerous tasks — like voice assistant Suki, which automates note-taking — could keep doctors from losing speed and help hospitals curb costs.