Physicians coming out of residencies last year reported increases in their starting salaries in many specialties, according to a survey by the Medical Group Management Association. The lowest starting salary in 2008 was for pediatricians at $132,500. The other lowest-paid specialties, in ascending order: family practice, geriatrics, urgent care, internal medicine, and infectious disease. The highest specialty salary was for those starting out in neurological surgery at $605,000.
The Latvian health minister has resigned rather than carry out budget cuts that he said would undermine the Baltic country's healthcare system. The government in Riga, the capital, said that the health minister Ivars Eglitis had resigned after he refused to carry out spending cuts. Prime Minister Valdis Dombrovskis said in the statement that Eglitis had "chosen the easiest way as it is clear that the healthcare system is facing a process of complicated, urgent and essential reforms."
Medtronic announced that it had paid nearly $800,000 over an eight-year period to a former military surgeon who has been accused by the Army of falsifying a medical journal study involving one of the company's products. The surgeon, Timothy R. Kuklo, MD, claimed in the study that the use of a Medtronic bone growth product called Infuse had proved highly beneficial in treating leg injuries suffered by American soldiers in Iraq. A British medical journal that published the article retracted it after an internal Army investigation found that Kuklo had forged the names of four other doctors on the study and had cited data that did not match military record.
Washington, DC-based Howard University Hospital is offering free medical treatment for low-income uninsured patients in a new clinic on the first floor of the hospital. The New Freedmen's Clinic will be run, staffed and funded by medical students from the Howard University College of Medicine.
The slumping economy has led to surging nurse employment rates that could soon end the nation's 11-year shortage, according to a study released Friday in Health Affairs.
The study that examines the recession's effect on the nursing profession reports almost 250,000 nurses entered the workforce between 2007 and 2008. This is the most significant two-year increase in RN employment in the last 30 years.
The study cites nurses over the age of 50 make up more than half of the increase—many of whom delayed retirement or rejoined hospital settings to compensate for spouses losing jobs or out of fear that they might lose their jobs. In addition, in 2008, there was a hike in foreign born RNs (48,000), RNs between ages 23–25 (130,000), and RNs who came from nonhospital settings (50,000).
Peter I. Buerhaus, PhD, RN, FAAN, lead author of the study and professor at the Vanderbilt University School of Nursing in Nashville, says the unprecedented surge in employment is likely to ease or end the nursing shortage in many parts of the country.
But only momentarily.
"While we see this easing, people need to remember it is likely to be temporary, and last only as long as the economy is bad," says Buerhaus, who projects a nursing shortage will return in 2018 and develop into a loss of 260,000 RNs by 2025.
Buerhaus and a team of researchers analyzed data from 1973 through 2008 for the study. This included nationally representative surveys of more than 100,000 people that are administered monthly by the U.S. Census Bureau. The surveys comprised information of individuals between ages 23–64 who reported occupations as RNs.
The study findings present healthcare policymakers and providers with opportunities to strengthen the workforce, says Buerhaus.
For instance, policymakers must consider the majority of nurses who are supplying the market.
"Older nurses are eventually going to retire, and once they do they will be lost to the workforce unless there are extraordinary circumstances," Buerhaus says. "That retirement will occur over the latter part of the next decade and lead to a shortage of nurses because the demand for healthcare will increase."
Boosting the capacity of nursing education programs is necessary to finding a balance, he says. If more nurses can accelerate into the labor force, they can replace the aging Baby Boomers.
Rose O. Sherman, EdD, RN, NEA-BC, CNL, director of the Nursing Leadership Institute and associate professor at the Christine E. Lynn College of Nursing in Boca Raton, FL, also emphasizes the need for sufficient education as the workforce continues to age.
"It is important we ensure that professional knowledge gets transferred to our next generation of nurses," she says.
Still, right now many novice but educated nurses are finding job opportunities are slim.
"With an increased availability of experienced nurses, many hospitals have elected to either reduce the number of new graduates they are hiring this year or are not hiring new graduates at all," says Sherman.
Despite this, she notes nursing leaders are now able to staff their units with experienced nurses, and turnover in most employment settings has dropped significantly. Furthermore, traditionally hard-to-fill units, such as medical surgical and telemetry, have benefited from these trends.
"In academic settings, we are seeing more nurses returning to school to continue their education and make themselves more marketable," says Sherman. "This is very good for the profession."
Looking to the future, Buerhaus recommends healthcare providers make efforts to improve their ergonomic environment and minimize physical strains on the workforce. As a result, seasoned nurses may be less likely to depart their hospitals once spouses are re-employed and the economy picks up.
Novice or experienced, all nurses are needed to face the challenges ahead.
"Healthcare reform debate is moving forward and my hope is that policymakers and legislators will realize that unless there is an investment in the nursing workforce, the goal to expand healthcare coverage and increase quality will not be met," Buerhaus says. "If we expect large shortages to develop, they will be even larger when 45–55 million people are granted economic access to healthcare."
In the Ocala Business Journal, columnist Nick Iannone delves into the relatively short history of healthcare marketing and its effect on public health. "In healthcare advertising, the traditional combination of product, price and service isn't as directly adhered to as it is for product advertising," Iannone says.