Episode 115

115. Is the US Physician Workforce Collapsing? YES! these 5 Stats are Proof

Are we on the brink of a physician workforce collapse in the USA? Discover 5 mind bending statistics that point to a looming crisis in U.S. healthcare. Complete references below.

The future of the US healthcare system depends on having enough physicians to meet growing demand. Yet, a wave of boomer phydician retirements, shifting work preferences, and an increasingly challenging work environment have created a perfect storm. How will this impact the healthcare system—and your career?

~~ Understand the five critical statistics that reveal the physician shortage crisis and what they mean for the future of medicine.

~~ Learn why the rest of the industry is burying their heads in the sand and praying that the end is not at hand.

~~ Discover why physician leadership strategies to create healthier work environments, retain top talent, and make medicine a sustainable career choice are the only way out of this smoking crater.

Tune in now to uncover the urgent physician leadership steps we must take to protect the future of healthcare.

REFERENCES are HERE: https://bit.ly/MDWorkforceCollapseLinks

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Explore physician leadership tools and strategies to stop physician burnout, enhance physician wellness and give you the power of personal influence in the C-Suite. All the tools you need to play your role in leading the charge to wellness - at three levels - for you, your teams and your entire organization.


Takeaways:

  • The imminent collapse of the physician workforce in the United States is driven by alarming statistics.
  • Demographic shifts indicate that 47% of US physicians are over the age of 55, leading to potential shortages.
  • The current healthcare system cannot sustain itself as 40% of women physicians leave or reduce hours shortly after residency.
  • By 2030, an estimated shortage of 139,000 physicians will likely be surpassed, requiring even more replacements.
  • Recent medical graduates are increasingly choosing non-clinical roles, with 58% not intending to see patients post-graduation.
  • To address these challenges, improving physician leadership and workplace wellness is crucial for retention.

About the Podcast

Show artwork for Stop Physician Burnout: Physician Leadership Skills To  Help Us Lead The Charge To Physician Wellness
Stop Physician Burnout: Physician Leadership Skills To Help Us Lead The Charge To Physician Wellness
Learn Simple, Powerful Physician Leadership Skills for C-Suite Influence and Peer Respect. Help Us Lead The Charge To Physician Wellness

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About your host

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Dike Drummond

Dike Drummond MD is a family doctor, ICF certified executive coach, trainer and consultant specializing in preventing physician burnout and physician leadership power skills. He is CEO and founder of TheHappyMD.com and has trained over 40,000 Physicians to recognize and prevent burnout in live trainings. He specializes in coaching for physician leaders to
- exercise influence in the c-suite
- earn the respect of your colleagues
- and incorporate Wellness and Balance on three levels: for yourself (and your family) your teams and your entire organization.
He is also a coach and advisor to Healthcare Startups whose product/service must be prescribed or delivered by physicians.