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The US Physician Workforce will be decimated by the boomer doctor retirement cliff between now and 2030. A disturbing pattern in recent study findings makes this issue much more urgent - and the timeline to impact much shorter - than the government predictions. Let me show you why. The new statistics, the references ... everything The dots will all line up when you watch this short video and I'm happy to have the chance to show them to you. If you are a physician leader, this video is a Must-Watch because the mainstream media is not covering this phenomenon. Employers are only focused on short-term results: the numbers at the end of this second quarter, or the end of 2024. They don't see this long-term trend. I also strongly recommend you share these videos with your C-suite - especially if your organization does not have a Corporate Wellness Strategy in place at this time. Learn what to watch out for - and what you must start doing now - to implement a Physician Wellness Strategy while there's still time. This trend will play out over the next three or four years. It's inevitable. You can't fight father time and nobody's getting any younger. Every doctor needs to know what is coming. Watch these short outtakes from this week's Wellness Champion Summit Webinar https://lnkd.in/gFYckWS4 **You will learn** 👉 What is the Boomer Doc retirement cliff? 👉🏽 How bad is it? 👉🏿 Recent changes in female physician and medical student behavior make things much worse. 👉 How the answer to this one question to your CMO doubles the projected physician shortage of 2030. 👉 Does AI at the same time make things better or worse? 👉🏿 What your organization must do now to prepare. 👉🏽 Why I'm predicting a brief window of opportunity for a corporate Physician Wellness Strategy - but you must act now!
Robert Bowman
1mo
The massive expansions of nurse practitioners and physician associates has pretty much negated much of the physician focus while creating new problems such as making the least experienced healthcare workforce in our history even worse. This is what happens when you lose your experienced workforce and you have massive expansions to increase the workforce turning out more who are low or no inexperience. Not surprisingly, the quality improvement focus has completely distracted us from studying this, least experienced workforce or any other consequences. And the quality improvement is actually fairly worthless to study since it's about the patient and patient factors and not what can be done in interventions clinically
Robert Bowman
1mo
Physicians Osteopathic medical student expansions have been 6% for years since the 1960s. This translates to more and more who are younger. US MD was flat at 15500 grads 1980 to 2003. Since the class of 2003 there has been an increase of 3 to 4% per year for USMD. International origin physicians have been about 20 to 25% of physicians entering and leaving at similar rates. I go by entry and exit rather than by age of physician. nurse practitioners and physician assistants are at a 6% annual expansion rate that does not look like it will ever slow down, doubling each 12 class years. The PA expansions continue despite increasing problems with first employment for PA graduates. This has been seen in their annual surveys of new graduates
Robert Bowman
1mo
The same decimation of primary Care and mental health and women's health and basic surgical and geriatrics has been going on for decades of designs. But I don't see anybody panicking or really paying much attention after all it is basic least valued services and it is most Americans most behind. Who cares if Medicare and Medicaid continue to violate the most vulnerable populations, drive off their workforce and marginalize their team members.
Robert Bowman
1mo
It is interesting to see this discussion because 40% of Americans have already had a decimated workforce. Their financial design has been going backwards since 1980 as inflation and cost cutting and more types of costs combined with added duties to take out workforce and delivery team members.
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1moPhysicians have more opportunities than ever. Nurses do too but we never had to stay within our specialities like physicians. If we got burnt to a crisp, we could change what we do. We have to start making the frontlines a priority. We actualize the mission. The patients come back mainly because of our bedside manner, skills and knowledge. We take on the risk. Nurses are skipping acute care. Our curriculums are designed to solidify our skills in acute care. You add to that fast tracking programs and remote learning. This trend is not good for public health. Today, new workers expect a lot and won’t put up with what the boomers did. More are electing to answer to themselves or entering tech environments.