Physician population aging faster than patients

“The physician population is aging even faster than their patients, a lot faster, in fact. Fifty-two percent of orthopedists, 54% of cardiologists, 60% of psychiatrists, and two-thirds of oncologists are 55 or older. This will be the first year that more doctors retire than start practicing. […] The Association of American Medical Colleges projects that by 2025, the U.S. will face a shortage of up to 90,000 doctors, and a dearth of specialists will account for most of the shortage.”

“On average, family doctors got a $27,000 raise in the past year, from $198,000 to $225,000, for a 13% increase. Doctors in the two other primary care categories, internal medicine and pediatrics, also had great years. Each garnered 15% bumps to $237,000 and $224,000 respectively.”

Full story at Fortune Magazine