The AAMC forecasts that today’s shortfall of 20,000 physicians will expand to a deficit of as many as 121,000 by 2032. By that year, the U.S. would likely have around 850,000 patient-care physicians––and need 14% more. For years, this writer has remarked that the official predictions have underestimated future shortages, and therefore, it’s highly possible that the future scenario could be far worse. For example, the AAMC observes that if the current trends toward early retirement continue, the doctor supply would barely rise at all over the next 13 years.
The doctor shortage means hundreds of job offers and mid-six-figure salaries for those exiting residency, but longer wait times for patients.
fortune.com
Why else are PA on the rise and so many doctors are from outside the US?
California will spend $340 million paying off doctors' debts using Proposition 56 tobacco tax revenue.
www.governing.com