Showing posts with label Information About The Physician Shortage. Show all posts
Showing posts with label Information About The Physician Shortage. Show all posts

Thursday, July 28, 2016

The Physician Shortage: 5 Myths & 1 Fact

The Association of American Medical Colleges (AAMC) has been warning of the physician shortage for years. They predict that the States will be short 90,000 physicians by 2020 and 130,000 physicians by 2025. While we are still at least four years out from that initial prediction, the initial strains of the physician shortage can already be felt. This week, our healthcare recruiting experts are here to increase awareness of this modern healthcare crisis by dispelling some of the common myths and misunderstandings surrounding the physician shortage.


Myth #1: All Specialties Will Be Hit Equally
When they hear the words "physician shortage," some people assume that the United States will be short of all types of physicians. However, the truth is that the shortage will likely impact the primary care industry more than others. For this reason, some people refer to the physician shortage as the "primary care crisis."

Myth #2: Primary Care Is The Only Field That Will Suffer
By the same token, it's important to be aware that while the primary care industry is expected to be hit more than many other medicinal fields, it is not the only arena that will suffer. The AAMC predicts that America will be short 21,400 surgeons by 2020, Becker's Hospital Review projects that America will be short 1,500 oncologists by 2025. 

Myth #3: All Geographic Locations Will Suffer Equally
While the physician shortage is expected to impact all of the United States, the simple truth is that bigger cities have an advantage over rural areas. Several larger, more densely populated states (such as Colorado, California, Texas, and New York) will likely experience far fewer challenges than their smaller counterparts.

Myth #4:  The Physician Shortage Is The Result Of Fewer People Pursuing Medical Careers
Some people believe that the physician shortage has been caused by fewer and fewer people pursuing medical degrees. However, the truth is that the shortage is mainly caused by the age of many of today's physicians and our rapidly increasing population. Becker's Hospital Review projects that population growth alone will cause the U.S. to need 33,000 new physicians in the next ten years. At the same time, a large percentage of our current physicians are nearing retirement age. Pursuing a career as a physician requires many years of education and residency programs, making it difficult for the incoming number of physicians to keep up with the number of outgoing physicians preparing for retirement.

Myth #5: The Educational System Will Help Us Overcome The Physician Shortage
Unfortunately, the answer to our physician shortage problems may not lie within our educational systems. While there are thousands of aspiring new physicians desiring to pursue medical careers, the acceptance rate for medical institutes is despairingly low. The average acceptance rate hovers around 44.5% - and can fall to as low as 10% for certain institutions. When it comes to combating the physician shortage, this low acceptance rate certainly isn't helping things.

FACT: The Hire Connection Can Help You Combat The Physician Shortage
While there may be no apparent solution for the physician shortage on a national level, all is not lost. You can minimize the affects of the physician shortage on your specific facility by being proactive and seeking assistance from an experienced healthcare recruiting company. Together, we can develop concrete strategies to help your organization stay ahead of the game. Contact The Hire Connection for more information about our physician recruiting services.



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Physician Opportunities Blog

Wednesday, April 6, 2016

5 Signs The Physician Shortage Is Already Here

Medical news sources have been warning of the impending physician shortage for years. They have cited various numbers, such as the AAMC's prediction that the U.S. will be short approximately 46,000-90,000 physicians by 2025. However, as professional medical recruiters who spend every day in the medical recruiting field, we can attest that the physician shortage is not a far-off danger looming in the distance - it's already here. Consequently, it's more important than ever to enlist a professional medical recruiting firm to help you stay ahead of the curve.


5 Signs The Physician Shortage Is Already Here

1. Many Of Today's Physicians Are Close To Retirement
Because many of today's physicians are part of the baby boomer generation, there is a staggering number of physicians who are quickly approaching retirement. According to a 2015 report from Becker's Hospital Review, one in three U.S. physicians is over the age of 65. As these individuals retire, they will leave a significant hole in the physician workforce.

2. The Number Of Elderly Individuals Seeking Consistent Primary Care Is Increasing
Unfortunately, many of the people seeking medical help are also a part of the baby boomer generation. A report by KevinMD estimated that the geriatric population would double between 2014 and 2016. At the same time that a huge generation begins to need consistent primary care, the doctors they rely on are beginning to retire (and, in some cases, start to need professional care themselves).

3. More People Have Health Insurance
Thanks to the introduction of the Affordable Care Act in 2014, more Americans purchased health insurance than ever before. This increased coverage has led to a significant increase in the number of patients seeking care at private and public healthcare facilities - a trend that we expect to continue in the future. Though it was surely an accidental consequence, the introduction of the Affordable Care Act has definitely contributed to the physician shortage.

4. There Are Not Enough Residency Training Openings
The number of medical schools has increased since the early 2000s, leading to a larger number of medical school graduates. Unfortunately, this alone is not enough to combat the physician shortage - in order to become licensed, practicing physicians, these graduates must complete residency programs. However, the number of available residency programs has not increased (mainly because of budgeting issues).

5. The Number Of Up-And-Coming Physicians Is Not Keeping Up With The Number Of Retiring Physicians
Though there may be a greater number of graduates with the letters "MD" after their names, the poor supply of residency positions has prevented the number of new physicians from offsetting the number of retiring physicians. It takes any given student a minimum of 7-8 years of schooling and residency training after their undergraduate degree before they can become licensed, practicing physicians. With amount of time required to become a doctor, the new physicians coming into the workforce are not able to keep up with the older ones who are leaving.

Contact The Hire Connection For Help Overcoming The Physician Shortage!

The shortage is already here, but we haven't seen the worst of it yet. The patterns are expected to continue over the next decade, culminating at the worst physician shortage the United States has ever seen. Don't get caught without the staff you need to run a successful practice - contact our physician recruiting experts today to begin recruiting the best practitioners in the job market. We will be here to take the weight off of your shoulders!



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Friday, August 14, 2015

5 Things You Should Know About The Physician Shortage

The whispers, rumors, and warnings are true - the United States is facing a physician shortage like we have never seen before. Healthcare facilities around the nation are finding themselves increasingly understaffed, making it challenging to provide optimum care to their patients. As the demand for medical care continues to rise, the physician shortage is putting a major strain on hospitals all around the U.S. 

Hospital directors and medical recruiters alike have their work cut out for them if they are to keep their facilities afloat during the physician shortage. Proper planning and prevention are critical. In order to prepare your facility for success in light of these dwindling numbers, it is crucial that you thoroughly educate yourself on the subject. The Hire Connection is here to help you out with this list of five things every medical professional needs to know about the physician shortage.


1. It's NOT A Problem For The Distant Future.
The physician shortage is happening now. The AAMC predicts that the U.S. will be short approximately 46,000-90,000 physicians by 2025, but hospitals are already feeling the strain of not having enough physicians on staff. If you want to protect your facility from the negative effects of this looming shortage, it is critical that you begin taking action now.

2. There Is No "Quick Fix."
The impending shortage is the result of long-time trends. As the quality of our healthcare services has increased, our population has increased along with our average life expectancy. The number of American retirees is rising at a rapid rate, and the amount of new and aspiring physicians cannot keep up with the demand. Because this problem has been a long time in the making, there is reason to believe that it will take several years for this issue to be resolved.

3. Medical Schools Aren't Helping Things.
Medical schools are often very competitive - in fact, Becker's Hospital Review cites that the average acceptance rate for medical school is only at 44.5%. Even for those students who are accepted, successfully completing medical school typically takes a minimum of ten or eleven years. The low acceptance rate and the significant amount of time it takes to finish medical school makes it next to impossible for incoming physicians to offset the upcoming shortage.

4. An Increasing Number Of Young Doctors Regret Their Decision To Enter The Medical Field.
Between exhaustive work schedules and overwhelming student debt, there a lot of daunting prospects facing young doctors. Some surveys have revealed that more and more young doctors are regretting their career choices - and some are taking it one step further by actually discouraging others from pursuing medical school in the first place. The only way to reverse this trend will be for healthcare facilities to improve their physicians' quality of life by reducing the number of hours they work and improving their benefits.

5. If You Want Your Hospital To Succeed, You Have To Stay Ahead Of Your Competition.
With the demand for qualified, high-quality physicians increasingly outweighing the demand, staying ahead of your competition is crucial for the success of your healthcare facility. You can attract great physicians to your opportunity by offering unbeatable compensation packages, a generous signing bonus, and flexible workweeks.

For other ideas about recruiting qualified physicians or for help designing eye-catching benefits packages, contact The Hire Connection. Our experienced medical recruiting company can help your facility succeed! Give us a call to learn more.



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