Dec. 5, 2018
Dive Brief:
- Job
postings for physicians on Doximity, a social networking site for doctors,
increased substantially in some areas of the country, outpacing the 7%
average of growth nationwide. For example, Tuscon, Arizona, saw a 20%
growth in job opportunities, according to Doximity's review of 8,000
physician jobs posted on its site in 2017 and 2018.
- The most
in-demand physicians are those that practice family and internal medicine
followed by emergency medicine and psychiatry. Obstetrics and gynecology
is the fifth most in-demand specialty.
- Fresno,
California, was the No. 1 metropolitan area with the greatest pay growth
for physicians, according to the survey of 70,000 physicians. For
nurses, the metropolitan area with the greatest pay growth in 2018 was
Little Rock, Arkansas.
Dive Insight:
As
the population ages more quickly, it is expected to place more demand on
healthcare services. Roughly 10,000 baby boomers turn 65 each day at become
eligible for Medicare, according to the Pew Research Center.
"As
the U.S. population ages and the number of Americans over 65 increases, the
need for more physicians will likely expand and drive up employment
opportunities and compensation in concert," according to the Doximity
report.
Healthcare
job growth is expected to outpace all other sectors through 2026,
according to the Bureau of Labor Statistics, which again cites an aging
population. Hospital job growth has remained strong throughout 2018, averaging
about 9,000 jobs per month compared to 6,000 per month during 2017, according
to the latest monthly report.
The
latest monthly report shows the sector added 36,000 jobs in October and 323,000
over the past 12 months. Job growth was seen in hospitals, ambulatory centers
and residential care facilities.
With
the ongoing threat of a physician shortage, nurse practitioners and other
interdisciplinary providers are stepping in to fill the void.
In 2016, NPs made up a quarter of the provider workforce in rural
practices (up from 17.6% in 2008) and 23% in nonrural practices (up from
15.9%), according to a Health Affairs study.
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