Medical Talent, Supply-Demand and Global Economics
A new study from the General Accountability Office [GAO] indicates that the number of US doctors specializing in primary care is falling.
Now, that’s the bad news, and one wonders if this is a result of the income-gap disparity between generalists and specialists?
Statistics
The good news is that the numerical gap is being covered by doctors who move here from other countries.
The report states that there were 22,146 American doctors in residency programs for primary care practice, down from 23,801 in 1995. Meanwhile, the number of international medical graduates training in primary care climbed from 13,025 in 1995 to 15,565 in 2006.
Ugh! Did we say “good news?”
Assessment
The presence of foreign-born physicians goes well beyond primary care.
For example, one in four new physicians is currently an international medical graduate, according to Sen. Bernie Sanders (I-VT), who spoke at a Senate Health, Education, Labor and Pensions Committee meeting where the report was presented.
Conclusion
And so, is this an example of basic economics 101 in-play, and a modern type of reverse in-sourcing of medical talent? Worker unions, take note.
Institutional info: www.HealthcareFinancials.com
Filed under: Career Development | Tagged: Health Economics |















Osteopaths
The report also indicated the number of osteopaths rose from 1,748 to 3,163.
-D.O. reader
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