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good to at least see this mentioned, maybe it will get more popular recognition. I think physician income totals something like 8-9% of total health care expenditures in the US.
I'll tell you why: because people are spoiled and want their comfort. They want to have a nurse around the clock, not only when truly needed. Try whining in European state-owned hospital like you were in the US, and see what the nurses' reaction will be. Having many nurses also contributes to high patient satis****tion scores, which are directly linked to the incentive pay of hospital administrators.I wonder why people never look at nurse salaries. Generalist physicians are paid by roughly 46% and specialists make 66% more when compared to the OECD average, but nurses are paid 27% and overstaffed by an additional 27%, resulting in spending on nurses being 52% higher than most developed countries overall. There's 2.6 million nurses, pulling in an average salary of $65,470, of which $22,397 is excess spending, for a total excess of $59.64 billion.
I'll tell you why: because people are spoiled and want their comfort. They want to have a nurse around the clock, not only when truly needed. Try whining in European state-owned hospital like you were in the US, and see what the nurses' reaction will be. Having many nurses also contributes to high patient satis****tion scores, which are directly linked to the incentive pay of hospital administrators.
Let's not speak about all the money wasted on "visiting nurses" (I've met a few of those specimens, and they work as hard as I do during my coffee break).