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Is it possible that you dont see 50yo ER doctors because they find it more lucrative to avoid academic hospitals? And perhaps they are so cool that they also choose to work part-time because they have so many other things to do outside of medicine?
Most of the first EM residencies opened in the early-80s. EM wasn't even recognized as a speciality until 1979, so it's very young. The first graduates from most programs would have finished residency in the mid-80s at about 30 years old.. now it's about 25 years later.. hence the oldest EM trained docs you find are usually 55-60 years old. As time passes, we will likely see many more docs in their 60s + working in the ED.