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Physician Demand

Fact File, October 1, 2007
The first baby boomers enter retirement age within the next three to five years, signaling the beginning of a U.S. aging trend that will last for decades. As the number of older Americans grows, so will the demand for physicians. The U.S. Census Bureau estimates that the number of Americans 65 and over will surpass 86 million by 2050. With the elderly reporting higher numbers of chronic conditions that require persistent treatment, physicians from multiple specialties will be in greater demand. And as the industry faces mounting challenges on the supply side of the work force equation, physician demand will continue to be a critical issue for healthcare leaders trying to offer quality care while controlling costs.