| Literature DB >> 35280150 |
Clinton L Neill1, Charlotte R Hansen2, Matthew Salois2.
Abstract
The purpose of this study is to estimate the economic cost of burnout in the veterinary profession and highlight the financial reasons why the industry should address the burnout crisis from an organizational perspective. Using data from 5,786 associate veterinarians in private practice, information was obtained using employment information related to compensation, work hours, hour preferences, and job turnover. Burnout was measured using the Professional Quality of Life Scale and used to calculate conditional probabilities on turnover and reduced working hours due to burnout. Lost revenue from each outcome (turnover and reduced working hours) was then used to calculate the economic costs to the veterinary services industry. The attributable cost of burnout of veterinarians to the US industry is between $1 and 2 billion annually in lost revenue, though there is a large amount of uncertainty. The cost is dependent on whether veterinary technicians are included in the analysis. The highest economic cost per veterinarian is among food animal practitioners, while the lowest is among equine. This study demonstrates that there are significant economic costs due to burnout among veterinarians and veterinary technicians. We suggest pursuing organizational interventions as these have shown the most impact in decreasing burnout and increasing satisfaction among human health physicians.Entities:
Keywords: burnout; economic cost; mental health; sensitivity analysis; veterinarian; veterinary technician
Year: 2022 PMID: 35280150 PMCID: PMC8913590 DOI: 10.3389/fvets.2022.814104
Source DB: PubMed Journal: Front Vet Sci ISSN: 2297-1769
Study variable list and data sources.
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| Number of veterinarians (2020 estimates) | AVMA's Aptify membership database, year end 2020 |
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| Burnout proqol (≥25) | AVMA's census of veterinarians |
| Actual turnover (2020 data only) | AVMA's census of veterinarians |
| Actual turnover due to burnout (2020 data only) | AVMA's census of veterinarians |
| Reduce work hour (intention) P(RH = 1) | AVMA's census of veterinarians |
| Reduce work hour signaling P(RH = 1|B = 0) | AVMA's census of veterinarians |
| Reduce work hour signaling due to burnout P(RH = 1|B = 1) | AVMA's census of veterinarians |
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| Median and mean annual salary for associates (2020 $ equivalents) | AVMA's census of veterinarians |
| Veterinarian replacement cost (66% of annual salary)—median and mean | Society for human resource management |
| Average net revenue contribution ($/associate vet/year)—median and mean | AVMA's practice ownership survey |
| Average vacancy period (days) | AVMA's veterinary career center |
Multivariate sensitivity parameter input ranges.
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| Burnout probability | 1.04% | 61.18% | 72.89% | Beta | Range estimated based on different ProQOL Score cutoffs (max = 23, min = 42) |
| Actual turnover | 10.00% | 20.81% | 30.00% | Triangular | Based on references (AAHA) |
| Actual turnover due to burnout | 8.00% | 13.06% | 18.00% | Triangular | Based on references (AAHA) |
| Reduce work hour (Intention) P(RH = 1) | 21.00% | 25.96% | 31.00% | Triangular | ±5% |
| Reduce work hour signaling P(RH = 1|B = 0) | 2.50% | 7.46% | 12.50% | Triangular | ±5% |
| Reduce work hour signaling due to burnout P(RH = 1|B = 1) | 13.80% | 18.80% | 23.80% | Triangular | ±5% |
| Median annual salary (2020 $ equivalents) | $70,339.50 | $88,902.00 | $117,525.00 | Pert | 25th and 75th percentile |
| Mean annual salary (2020 $ equivalents) | $70,339.50 | $104,869.00 | $117,525.00 | Pert | 25th and 75th percentile |
| Replacement cost as percentage of annual income | 0.5 | 66.00% | 0.75 | Uniform | Based on references |
| Average net revenue contribution ($/associate vet/year)—median | $110,410.50 | $391,199.01 | $520,975.00 | Pert | 25th and 75th percentile |
| Average net revenue contribution ($/associate vet/year)—mean | $110,410.50 | $375,232.01 | $520,975.00 | Pert | 25th and 75th percentile |
| Average vacancy period (days) | 30 | 42 | 60 | Uniform | Bounded between 1- and 2-month range |
| Average preferred reduction in clinical hours | 0.25 | 48.12% | 0.75 | Triangular | 25th and 75th percentile |
| Average preferred reduction in clinical hours associated with burnout | 0.28 | 0.4986 | 0.75 | Triangular | 25th and 75th percentile |
Figure 1Burnout calculator for industry level analysis with all inputs and outputs.
Figure 2Attributable cost of burnout by practice type from turnover vs. reduced working hours.
Figure 3Multivariate sensitivity analysis for the economic cost of burnout under median (A), Mean (B), and addition of veterinary technicians (C) scenarios.