The American Association of Medical Colleges now estimates a shortage of between 37,800 and 124,000 physicians by 2034.
By Terry Bauer, CEO of Specialdocs, a concierge medicine pioneer that has transformed physicians’ professional lives since 2002, empowering them to deliver personalized patient care.
May 17, 2022 – As the pandemic slowly morphs into an endemic, its impact on primary care physicians continues to tug at the seams of an already fraying healthcare system. Now rising to the top of America’s healthcare challenges is the looming physician shortage, predicted with increasing urgency every year since the early 2000s. Accelerated by a perfect storm of pandemic closures, physician retirements, an aging population and escalating demand for acute and preventive care, the American Association of Medical Colleges now estimates a shortage of between 37,800 and 124,000 physicians by 2034. Simultaneously, the current surging popularity and predicted 10% annual growth of concierge medicine practices, characterized by patient panels kept intentionally small and personalized, appears to intensify the issue at a pivotal time.