According to a 2021 study by the Association of Advancing Physician and Provider Recruitment (AAPPR), it takes about 248 days to fill an open physician-specialist position and 207 days to fill a primary care physician opening. The estimated expense to interview, recruit and onboard a new provider is, on average, $60,000 (usually higher). This includes the recruiter’s fee which typically ranges between 15% to 30% of the first year’s salary. According to the latest report by Merritt Hawkins, over 78% of new provider placements offer a relocation allowance which averages a little more than $10,500, and an average signing bonus of $31,000.
