Demand For Health Care Services

It takes a long time to increase the supply of health care professionals. Health care costs were soon rising rapidly. As a result, health care expenditures as a percent of GDP increased from 5 percent to 16 percent (Finkelstein, 2005)

This paper will look at the impact of Affordable Care Act on supply and demand in healthcare. The goal is to show if there is equilibrium of supply and demand since the Affordable Care Act was enacted. This has been done by looking at a variety of articles such as The Impact of the Affordable Care Act on the Health Care Workforce. The Affordable Care Act has created provisions to address some of the supply shortages. Through the provision it will take time for the full effects to come to light. This paper will provide valuable information regarding the Affordable Care Act impact on supply and demand.

Bernstein is very familiar with medical and healthcare terminology, much more so than the average person; however, his language is familiar enough for an educated reader to follow along. With his experience as a blogger, he uses casual language to explain the economic side of the doctor shortage. Bernstein addresses, “The organization called on Congress to raise the federal cap on slots for medical residents at teaching hospitals by 3,000 annually, at a cost it estimated would be about $1 billion per year.” Most people don’t know what a medical residency is and how it works, but Bernstein’s language indicates that a residency, which is a part of a physician’s training, involves the government’s money and the limited number of slots at a hospital. This helps the reader better understand that job and educational opportunities are still limited for doctors, thus contributing to a doctor shortage. The use of diction helps Bernstein effectively explain the economic side of the anticipated

Baby boomer aging is one of the large causative factors of this increase in demand (Glicken & Miller, 2013, p.1883-1889). According to Glicken & Miller (2013), the elderly population will nearly double in the next fifteen years putting a strain on the healthcare workforce. Also, more than half of physicians have intentions on limiting care access with regards to Medicare patients. Many medical doctors are refusing to care for Medicaid patients. This is a result of the growing number of individuals now with the means to afford healthcare due to the

“The amount people pay for health insurance increased 30 percent from 2001 to 2005, while income for the same period of time only increased 3 percent.” (Source: Robert Wood Johnson Foundation). The rising cost of healthcare is a huge problem in America today. In this paper I will analyze the different issues and causes for the increase in cost.

There will be an increase in budget deficit in the short-term due and due to the increased demand for primary care visits, we might experience a shortage 12,500-31,000 physicians by 2025

The decline in hospital capacity was accompanied by a rise in staffing. Full-time equivalent personnel rose (Malagi & Kamath, 2016). Most of the additional personnel in hospitals are not focused on patient care but management or administration purposes. The American Hospital Association data shows that outpatient department visits have risen per 1,000 persons indicating that capacity for ambulatory services has risen overtime. Emergency departments have reduced with a larger percentage of closures being in rural areas. Compared to hospitals, physicians have continued to increase. Specialists have increased except for radiologists and general surgeons. There is, however, an uneven distribution of physicians between rural and urban areas. There is an estimated shortage of 3,000 physicians in nonmetropolitan areas. In addition to an increase in physicians, there are new forms of acute-care facilities. There are relatively new facilities that have been accredited. Ambulatory surgery centers have, for instance, risen (Best et al.,

The physician shortage is of highest concern in the United States, especially since the Patient Protection and Affordable Care Act has been passed. The question is, do we really have a physician shortage? Is it by geographical region or by specialty? I will explore this question and have several different solutions to the physician shortage problem.

This paper will analyze a physician’s careers and study the trends at which correlated with not moving and career availability in the field. This analysis will related this declining trend of movement to the Law of Demand and Supply focusing on the physicians.

The PPACA will also have a direct negative impact on the medical field as a whole. By 2025 there is expected to be a shortage of nearly 52,000 physicians. This, coupled with the number of office visits increasing over 100 million times, will put incredible strain on the healthcare system (“The Patient Protection”). This will cause wait times for medical treatment to be greatly increased. Patients will be more likely to go to the emergency room for minor treatments, such as coughs due to colds, thus causing patients with real emergencies to wait even longer. Also, there will be no competition for patients. This competition is what encourages health care workers to excel in their specialties and to become better. This may even cause fewer people to choose to pursue a career in the medical profession (Ireland).

In the article “The Future of Healthcare-Advance, Challenges are Changing the Patient Experience” HealthCare News writer, Joseph Bednar, is trying to emphasize that the Healthcare system is in need of some reform. He says that the Affordable Care Act is going to attempt to add millions of insured patients, but there is a continued shortage on physicians that has been trending for 8 years (1). Hospitals are being asked to provide better services for less money, and there is no way they can be efficient with the drop in profit (1)

With the demand for primary care services already straining resources and capacity in most states, more than 16 million individuals are projected to gain health insurance coverage by 2016, and through advancements in medical science we have a rapidly aging population, many states are considering all options to increase the number and role of primary care providers. Despite a vigorous increase in the supply of physicians following unprecedented increases in medical school capacity in recent years, the “Association of American Medical Colleges (AAMC) still projects a shortage of 130,000 physicians by 2025, split almost equally between primary and specialty care.” (Association of American Medical Colleges. The Impact of Health Care Reform on

The purpose of this paper is to provide insights into the growing demand of health care professionals in United States of America; for this paper I will treat “Health Care Professionals” as it were a product and merely a manpower number to analyze the supply and demand of it. This paper identifies the changes in supply and demand that affected the equilibrium price for the services provided by Health Care Professionals, furthermore this paper anticipates the changes in the near future of the supply and demand of professionals within the Health Care field and the factors that would lead to these changes.

The number of physicians in the country has been decreasing at such a great rate that the government and other stakeholders in the health care sector are trying to camouflage this by increasing the number of foreign doctors practicing in the country. The American Medical Association has been trying to promote these re-entry programs designed for physicians since the year 2009 to help curb this problem. There are many people who can see what the problem is, but it is not possible for them to do much about it. Physicians also see this problem, and they are well aware of why the shortage is arising, but they are also unable to do much to prevent the issue. There are many problems that lead to the shortage of physicians, and unless something is done, it will continue escalating ADDIN EN.CITE Lynch19721573(Lynch, 1972)1573157317Lynch, MichaelThe Physician "Shortage": The Economists' MirrorAnnals of the American Academy of Political and Social ScienceAnnals of the American Academy of Political and Social Science82-88399ArticleType: research-article / Issue Title: The Nation's Health: Some Issues / Full publication date: Jan., 1972 / Copyright © 1972 American Academy of Political and Social Science1972Sage Publications, Inc. in association with the American Academy of Political and Social Science00027162http://www.jstor.org/stable/1040122( HYPERLINK l "_ENREF_6" o "Lynch, 1972 #1573" Lynch, 1972).

It can be said that the last decade in healthcare sectors were dominated by a number of factors which are increasing regulation, shrinking drug portfolios, dwindling pipelines, ageing populations, globalisation, advancing technology, spiralling costs and a worldwide need to increase access to healthcare services. Subsequently, the human capital requirements in this sector have become complex with market forces that are accelerating the pace of change.