Profession

Bear markets and primary care

An occasional snapshot of current facts and trends in medicine.

Quick View. Posted May 9, 2005

Print  |   Email  |   Respond  |   Reprints  |   Like Facebook  |   Share Twitter  |   Tweet Linkedin

The worse the economy, the lower the interest new doctors have in going into a primary care specialty.

Portion of new doctors choosing specialty
Total (FP, IM, Peds) Family Medicine Internal Medicine Pediatric Dow Jones
1991 41.3% 10.6% 20.7% 10.0% 2,964
1992 41.5% 10.8% 20.6% 10.1% 3,296
1993 41.9% 12.6% 19.0% 10.3% 3,538
1994 43.9% 14.0% 19.3% 10.6% 3,793
1995 46.2% 15.4% 19.9% 10.9% 4,534
1996 49.1% 17.0% 20.5% 11.6% 5,780
1997 49.9% 17.3% 20.8% 11.8% 7,438
1998 50.0% 16.0% 21.5% 12.5% 8,610
1999 48.3% 14.7% 20.9% 12.7% 10,475
2000 46.4% 13.5% 20.8% 12.1% 10,688
2001 43.4% 11.1% 20.7% 11.6% 10,140
2002 42.3% 10.4% 20.3% 11.6% 9,181
2003 40.5% 9.2% 19.4% 11.9% 9,018
2004 39.8% 8.7% 19.2% 11.9% 10,293

Researchers of a study in the Annals of Internal Medicine looked at the Dow Jones index for the past 14 years and found that when the market slowed -- as it did in 2002 -- physicians were less likely to go into family medicine, internal medicine and pediatrics. Mark D. Schwartz, MD, the study's lead author, suggests that general medicine disciplines should unite to seek medical school applicants interested in primary care and change medical training curriculum and culture that now tend to encourage students to specialize rather than go into primary care.

Source: "Rekindling Student Interest in Generalist Careers," Annals of Internal Medicine, April 19

Back to top


ADVERTISEMENT

ADVERTISE HERE


Featured
Read story

Confronting bias against obese patients

Medical educators are starting to raise awareness about how weight-related stigma can impair patient-physician communication and the treatment of obesity. Read story


Read story

Goodbye

American Medical News is ceasing publication after 55 years of serving physicians by keeping them informed of their rapidly changing profession. Read story


Read story

Policing medical practice employees after work

Doctors can try to regulate staff actions outside the office, but they must watch what they try to stamp out and how they do it. Read story


Read story

Diabetes prevention: Set on a course for lifestyle change

The YMCA's evidence-based program is helping prediabetic patients eat right, get active and lose weight. Read story


Read story

Medicaid's muddled preventive care picture

The health system reform law promises no-cost coverage of a lengthy list of screenings and other prevention services, but some beneficiaries still might miss out. Read story


Read story

How to get tax breaks for your medical practice

Federal, state and local governments offer doctors incentives because practices are recognized as economic engines. But physicians must know how and where to find them. Read story


Read story

Advance pay ACOs: A down payment on Medicare's future

Accountable care organizations that pay doctors up-front bring practice improvements, but it's unclear yet if program actuaries will see a return on investment. Read story


Read story

Physician liability: Your team, your legal risk

When health care team members drop the ball, it's often doctors who end up in court. How can physicians improve such care and avoid risks? Read story

  • Stay informed
  • Twitter
  • Facebook
  • RSS
  • LinkedIn