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There has been a lot of doom and gloom scenarios presented here. I myself am becoming a cynic about the future of EM with MLP encroachment, new residencies popping up and increasing supply steadily, CMGs slowly taking over. All of that has been going on for at least the last 5 years and will continue to happen for the coming years.
In 2008 there were 1400 spots. In 2013 there were 165 programs with 1744 spots (25% increase in 5 years). In 2018 there were 220 or so acgme programs with 2278 positions (30 percent increase in 5 years). A lot of these "new spots" in the match in 2018 are likely from the merger of DO/MD programs, so not really new programs. There was a decrease of 100 DO residency spots from 2013 to 2018. So maybe 400 new spots in last 5 years (another 25 percent increase over 5 years).
But the numbers are projecting a different story. Salaries on average continue to rise. And they have done so for the last decade. EM still is the third most highly recruited specially after FM and IM.
So are we at the edge of the cliff with our specialty about to crash once these increasing 2018 residents start graduating? Or is it always just exaggerated doom and gloom? I mean after all, I've personally seen these grim stories being told for at least 5-6 years now. But the numbers don't suport any of that as none of these scenarios have manifested as decreasing salaries. Infact the opposite has continued to happen. See below 2018 and 2014 job data from acepnow. The numbers are far better today than then.
2018-2019 Compensation Report for Emergency Physicians - ACEP Now
How Much Do Emergency Physicians Make? A National Job Market Survey
In 2008 there were 1400 spots. In 2013 there were 165 programs with 1744 spots (25% increase in 5 years). In 2018 there were 220 or so acgme programs with 2278 positions (30 percent increase in 5 years). A lot of these "new spots" in the match in 2018 are likely from the merger of DO/MD programs, so not really new programs. There was a decrease of 100 DO residency spots from 2013 to 2018. So maybe 400 new spots in last 5 years (another 25 percent increase over 5 years).
But the numbers are projecting a different story. Salaries on average continue to rise. And they have done so for the last decade. EM still is the third most highly recruited specially after FM and IM.
So are we at the edge of the cliff with our specialty about to crash once these increasing 2018 residents start graduating? Or is it always just exaggerated doom and gloom? I mean after all, I've personally seen these grim stories being told for at least 5-6 years now. But the numbers don't suport any of that as none of these scenarios have manifested as decreasing salaries. Infact the opposite has continued to happen. See below 2018 and 2014 job data from acepnow. The numbers are far better today than then.
2018-2019 Compensation Report for Emergency Physicians - ACEP Now
How Much Do Emergency Physicians Make? A National Job Market Survey
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