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How To Prevent Physician Burnout

Being a practicing physician is a challenging job that carries significant responsibility and high stress levels. Many team members try to work through their anxiety, which can create burnout that impacts the overall quality of care. Learn more about preventing physician burnout and the signs to look for.

What Is Physician Burnout?

According to the American Family of Physicians, physician burnout is the combination of symptoms that develop when energy levels reach a negative balance. There are three main types of energy sources that need to be properly managed:

Physical Energy

Physical energy involves taking care of your body by getting plenty of sleep, eating a balanced diet, and exercising regularly.

Emotional Energy

Maintaining healthy relationships in your life helps balance emotional energy. This makes you emotionally available to patients and other physicians and allows better professional development.

Many doctors and nurses can continue to work during the burnout phase, but their ability to provide quality patient care is impacted.

Physician Burnout Statistics

Because physician burnout is difficult to spot, some care teams may not consider it a priority. However, it’s a widespread issue that should be taken seriously and tracked consistently. Here are some physician burnout statistics according to a 2020 Medscape survey:

  • More than 40% of physicians reported feeling burned out.
  • Generation X physicians report higher burnout levels than millennials and boomers.
  • Female physicians are more likely to report burnout than male physicians.
  • Bureaucratic tasks are the most cited cause of burnout.
  • More than 60% of physicians try to handle burnout on their own.

Top Causes of Physician Burnout

While there are many causes of physician burnout, here are some of the most common:

Administrative Tasks

Physicians don’t start practicing medicine because they want to sit behind a desk and deal with paperwork. Many doctors and nurses point to recent increases in EHR management and the computerization of their job as a burnout cause.

Reduced Time With Patients

There are only so many hours in a shift, and spending too much time on administrative tasks means less time spent with patients. Many physicians consider patient relationships the most rewarding part of their job and become dissatisfied when their responsibilities are directed elsewhere.

Lack of Work/Life Balance

Working too many hours is another common cause of physician burnout. A recent study found a strong correlation between hours worked and overall burnout.

Increased Patient Demand

Patient satisfaction is critical for a physician’s job security, and they’re expected to adapt to evolving needs. The increase in retail clinics and on-demand options has placed additional pressure on physicians to meet patient demands.

Online Reputation

A PatientPop survey found that nearly 20% of patients only consider physicians with at least 4.5 out of 5 stars. This added emphasis on online reputation means one negative review could significantly impact your ability to attract new patients.

Signs of Physician Burnout

Doctors and nurses continuously deal with high stress levels, from finishing medical school to maintaining patient satisfaction. Because physician burnout is prevalent across various fields, it’s important to understand how to manage it. Here are some tips for reducing physician burnout:

Reduce Administrative Tasks

The American healthcare system is complex, and dealing with insurance providers only adds to stress levels. Finding ways to reduce the administrative burden allows physicians to spend more time with patients, creating a better environment for care.

Encourage Hobbies Outside of Work

Did you know that 30 minutes of exercise can help you reduce stress levels? Make sure you have hobbies or activities outside of work that allow you to refresh mentally.

Develop a Support Group

Invest time in setting up care groups for physicians. Having someone to talk to helps reduce stress and provides much-needed support.

Create Positive Environments

Creating and maintaining positive environments allows better professional development. Classes about burnout help physicians recognize the signs and symptoms and take steps to reduce their stress levels.

Are concerns about your financial health contributing to physician burnout? Contact Physician’s Resource Services today, and one of our team members will help address your worries.

Contact Us

Physician’s Resource Services: Devoted to Helping Reduce Physician Burnout

The team at Physician’s Resource Services understands that working in the medical field is a rewarding yet extremely challenging career. We take pride in helping physicians manage their financial health. From tax preparation to financial planning, we can help reduce stress levels outside of work and let you focus on what’s important. Contact us today to learn more about our services.

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Robin Bales – AGENT

Robin has owned a Commercial Leasing Company providing financing to doctors and other operators for their equipment beginning in 2007. After the global crash of 2008, she went to work for NYL and spent 3 years there working with other entrepreneurs securing their retirement future and safeguarding their personal asset risks. Robin opened her own agency in 2017 Legacy by Design and has run a national firm coast to coast with 50-70 agents. Today the agency is much smaller serving 5 agents who share the same vision and passion for our clients focusing on health insurance, Medicare, and annuities.

Robin is most connected to ethos of PRS mission to improve the lives of doctors and their families. Supporting those who run the leading infrastructure of our country.

Robin has been married for 22 years to her husband Steven. Together they have 3 girls and have built a family with strong values and commitment to each others successes. Robin’s family are home bodies by nature and enjoy their 3 dogs hanging in living room or kitchen.

Karli Allen – HEAD OF WEALTH MANAGEMENT

Karli is a graduate of The Master’s University in Santa Clarita, CA, and has a business degree with emphases in accounting, finance, and management. Karli has been in the financial services industry since 2014 and joined the PRS team in 2018.

Karli oversees investment and financial planning operations and assists with the onboarding and service of the firm’s advisory clients.  Karli was a key part of our firm’s custodial transition to Fidelity in 2019 as part of our decision to become an independent investment advisory firm.  Before joining PRS, Karli worked in personal financial planning in Orange County, California.  She also holds a FINRA Series 65 license. Karli is grateful to be a part of such an amazing team.

Outside of work, Karli enjoys traveling, playing golf, and spending time with her husband and their goldendoodle.

Gabriela Chavez – ANALYST

At Physicians Resource Service Gabby plays a pivotal role in Paul’s advisory team, staying in close contact with clients, driving business development, and lending a hand in daily operational tasks. Additionally, she collaborates with CPA Erin Anderson to prepare tax returns, conduct withholding reviews and undertake various tasks across the division.

Gabby is currently double-majoring in accounting and finance at the University of the Incarnate World in San Antonio, and she plans to sit for her Certified Financial Planning exam in the fall of 2022. Before transferring to UIW, she attended the University of Texas Rio Grande Valley in Edinburg, Texas. Gabby was born in Germany and is Mexican American. She loves to travel and has visited 11 different countries. She has a five-year-old pug named Penny.

Chris Fullbright – FINANCIAL ADVISOR

Chris brings experience in financial services and the perspective of a successful entrepreneur who has launched several businesses. With over a decade in the industry, he has served as both an advisor and in a management role coaching new advisors. Chris attended the University of Georgia and Texas State University and graduated with a Bachelor of Applied Arts and Sciences.

He currently holds many financial services licenses and designations including FINRA Group One, Series 6, Series 63, Series 65, Series 7, ARPC, and Certification in Long Term Care (CLTC). In his free time he enjoys being involved in the local community through organizations such as Comfort Crew for Military Kids. Chris is also an active member of Austin Christian Fellowship Church, and enjoys spending time there as well as reading, fishing, and going to sporting events. He is happily married to Monique with two wonderful sons. In addition to serving physicians, Chris specializes in working with special needs families.

Kevin Burris – PARAPLANNER

Kevin received his BA and MBA from Indiana University, earned the Certified Financial Planner (CFP) designation from the University of Georgia, and Retirement Income Certified Professional (RICP) designation from the American College. Kevin is looking forward to helping physicians live their best life. Kevin enjoys spending time on the lake with his wife, playing golf, and watching Indiana University sports.

Michael Kohles – AGENT

Michael attended Lake Michigan College and Siena Heights University, graduating magna cum lade with a Bachelor of Business Administration, with a major in Finance and minor in Marketing. Michael has been in the financial services industry since 2015 and has experience with multiple insurance verticals. Michael is excited to help physicians achieve their financial goals by providing insurance solutions. Michael is married to Erin and has 4 children. Michael also enjoys reading, golfing, playing poker, learning, and traveling.

Erin Kohles – UNDERWRITING PROCESSOR

Erin supports our advisors and clients during the insurance underwriting process in multiple ways. On a given day, she helps by processing applications, tracking and following up on open cases, and answering client questions. She appreciates the part she plays in helping clients prepare for the future, and she strives to make the process as simple and efficient as possible.

Erin has been in the insurance industry for two years and brings with her six and eight years of experience in accounting and quality control, respectively. She graduated from Ball State University and has her life & health and property & casualty insurance licenses. In her free time, she enjoys cheering on her two boys who play basketball, soccer, and baseball; traveling with her husband; and playing with their Yorkie, Mingo.

Erin Anderson – CERTIFIED PUBLIC ACCOUNTANT

As a certified public accountant, Erin is a valuable part of our tax division at PRS. She enjoys working with our advisors to develop tax-efficient strategies, and she strives to provide clarity for every client she serves. Erin started her career as an accountant after graduating from Oklahoma State University in 2012 with a master’s degree. She earned her CPA license in 2018. Erin and her husband have two little boys, and they love spending time outdoors as a family and watching OSU football.

Alex Simmons – BUSINESS DEVELOPMENT

Alex oversees Business Development at Physician’s Resource Services. She works with each department to assist in continually improving PRS so we remain a leading competitor in the industry. Alex graduated from Texas Tech University with a Bachelor of Business Administration in Energy Commerce. She is a Texas native who loves to spend her free time traveling and taking her pup, Teddi, to the dog park.

Jennifer Khan- UNDERWRITING SPECIALIST

Jennifer is an Underwriting Specialist at Physician’s Resource Services, with an extensive background in customer service and administration. Jennifer grew up in Texas, graduated from Southeast Missouri State University with a BFA in Theatre, and spent six years in Chicago performing sketch and improv. She is a graduate of the Conservatory Program at The Second City and iO Chicago. Jennifer and her husband, Qamar, moved to Texas with their dachshund mix, Dobby, to be closer to family, sunshine, and good BBQ.

Cheryl Breeden – OFFICE MANAGER

Cheryl is the Business Manager for the firm and a licensed service assistant. She graduated from the University of Texas at Austin with a Bachelor’s Degree in Business Administration. She has years of experience in the areas of process management, customer service, benefits, and insurance. Cheryl has three girls — Ashley, Hannah, & Olivia. She brings this experience to our firm where she manages the underwriting and service process. She also manages the business operations for the firm.

John C. Jackson IV – ASSOCIATE FINANCIAL CONSULTANT

John is an agent from Austin, TX, a graduate of Westlake High School and The University of Texas at Austin, with a Bachelor’s Degree in Economics and a Minor in Business Administration. While at UT, John was a 2-Time Captain and 4-Time All-Conference performer for the men’s lacrosse team. While away from the office, John coaches with the Westlake Youth Lacrosse program and volunteers with Austin’s Young Men’s Business League, and Austin Sunshine Camps.

Paul Smith, CFP® ChFC® MSFS – FINANCIAL ADVISOR

Paul has helped his clients in financial, business, and estate planning for over 10 years. Paul is a graduate of Texas State University, with a Bachelor’s Degree in Psychology. He has also completed the extensive studies necessary to earn the Certified Financial Planners (CFP®) and Chartered Financial Consultant (ChFC®) designations. Paul is actively involved in the community through his volunteer work and service on Community Action Board for the Helping Hand Home for Children. Paul is married to Heather and they have two children, Nyla and Hazel.

Richard Cunningham – MANAGING DIRECTOR

For 30 years, Richard has been helping clients reach their financial goals with sincerity and integrity. He works with GME program administrators, individual physicians and their families to help doctors achieve financial security. Richard is a graduate of the University of Texas at Austin, with a Bachelor’s Degree in Economics. He studied in Paris at the Sorbonne. Richard supports numerous charitable organizations, is actively involved in Austin Recovery, and he participates in the Leukemia Lymphoma Society as a survivor of CML. Richard is married to Adrienne with two children, Raven and Coates.