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Physicians and Nurses

Physicians and Nurses. As inputs into the production of health. Introduction. Understanding the Physicians Market. The Requirements for Becoming a Physician Graduation from accredited school. MD Doctors of medicine. Other medical practitioners limited by licensing . Licensing.

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Physicians and Nurses

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  1. Physicians and Nurses As inputs into the production of health

  2. Introduction

  3. Understanding the Physicians Market • The Requirements for Becoming a Physician • Graduation from accredited school. • MD Doctors of medicine. • Other medical practitioners limited by licensing

  4. Licensing • CNA (Certified Nursing Assistant) 150 hrs of training • LPN (Licensed Practical Nurse) 9months-3 years • RN (Registered Nurse) exam after one of 3 routes (Assoc., BA, Hospital) • NP (Nurse Practitioner) RN plus advanced training • PA (Physician Assistants) 2-3 years post BA • MD (Doctor of Medicine) 4 years post BA plus 1 yr intern min. plus residency.

  5. Post WW II Shortage of physicians • Health planners evaluation of the physician supply • Economic analysis of the “physician shortage” • Barriers to entry • Policy response to shortage

  6. Choice of field specialization • Using economic incentives to alter the distribution of physicians • Public policy change incentives • Incentives provided by the private insurance market • Has changing the incentives made a difference?

  7. http://www.cejkasearch.com/compensation/amga_physician_compensation_survey.htmhttp://www.cejkasearch.com/compensation/amga_physician_compensation_survey.htm

  8. National average 29% Female

  9. Supply of Physician Services • Backward bending supply curve for physicians • Income versus substitution effect of rising wages. • Gender Effects. Women Supply fewer lifetime hours to market.

  10. Projections about the supply and demand of physicians: • Views of economists and health planners

  11. Understanding the Nurses’ Market

  12. Has there been a chronic shortage of Nurses? • Historical overview: 1980 to the Present • Cyclical shortages and policy responses • Nurses wages • Is the market for nurses a monopsony

  13. US Ave=836

  14. Monopsony • http://highered.mcgraw-hill.com/sites/007297883x/student_view0/chapter16/interactive_graph_2.html

  15. Projections about future demand and supply for nurses

  16. Gender and RNs • Men still comprise a very small percentage of the total RN population although their numbers have continued to grow. Of the estimated 2,694,540 RNs in the US, 146,902 or 5.4 percent are men. This is a 226 percent increase in the number of male RNs in two decades. In 1980, the number of men in the RN population was estimated at 45,060 or 2.7 percent of the RN population. Each of the surveys indicates that the number of men has grown at a much faster rate than has the total RN population.

  17. PA s per 100,000

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