The notion that you can only do 4 hours of productive work a day is frankly a luxury. If you have 10 hours of work to do, all of which is essential for people's immediate wellbeing, you find ways of being productive.
The notion that you can only do 4 hours of productive work a day is frankly a luxury. If you have 10 hours of work to do, all of which is essential for people's immediate wellbeing, you find ways of being productive.
As a result, the regular mention of their long hours generally just makes me angry at them rather than grateful to them, but I guess I'm in the minority.
https://www.benwhite.com/medicine/the-private-equity-model-i...
Now with surgery? Again there’s some capitalism but also surgery is hard. Extremely hard. Here’s a link to a common surgery for orthopedics for example. They have to memorize these procedure steps and be very quick. Time on the table for the patient matters for money and for anesthesia (more dangerous for longer GA cases).
https://www.orthobullets.com/knee-and-sports/12234/acl-recon...
Anyways you can be mad about moats and artificial supply constraints for things like dermatology but for surgery and family practice? Not really.
Another factor is geography. Can you imagine doing 12-14 years of school and low paid training, have 250-500k in debt and then move out to a rural area to practice? Many doctors don’t want to do that, so the ones that do are paid well but are usually extremely busy.
Anyways, there’s just a lot of factors that limit supply, it’s not the nefarious doctors union trying to squeeze every last drop.
The world of human disease places some limitations on what can be done. Many people either do not have the grit or the stomach to become doctors (I could easily learn the theory, but I couldn't cope with all the blood, pus, vomit and frequent feeling of helplessness). People develop critical problems at 2 am. A doctor should know their patients and vice versa; they aren't fungible and ping-ponging a sick person between shifts tends to worsen the outcomes.
There's at least 10x more people that want to be doctors than get to be doctors.
Again, this isn't my wheelhouse at all. I'm just repeating something I hear often when this topic comes up.
MDs also work in a profession with a fairly unique quality: you always get paid more for doing more work, and the work is more or less completely prepackaged into self-contained units for you - i.e. a GP seeing patients more or less breaks their day into a pattern of independently compensated, 15-30 minute slots.
Also, only part of the job is autopilot, much of it is difficult and taxing. Experts will manage their attention and energy throughout busy days.
The point is that humans can and do work hard and at difficult tasks for long periods day after day. The cost is eventual burnout though, hence why so many doctors quit or go part time.
Downvotes for asking a Q?
Most residencies are paid for my Medicare funds. The 1997 Balanced Budget Act capped the number of residencies that Medicare funds, which led to fewer physicians. Who pushed for the cap?
>Lawmakers received cover from the American Medical Association (AMA), the Association of American Medical Colleges, and other major stakeholders in American medicine who endorsed caps on funding for residents and other graduate medical education programs. In March 1997, months before the Balanced Budget Act was enacted, the AMA even suggested reducing the number of US residency positions by approximately 25% from 25,000 to fewer than 19,000. “The United States is on the verge of a serious oversupply of physicians,” said the AMA and other physicians’ groups in a joint statement
https://qz.com/1676207/the-us-is-on-the-verge-of-a-devastati...
And also in the past they have lobbied to shut down medical schools which led to shortages in the 60s. https://www.nejm.org/doi/full/10.1056/NEJMhpr033066
They have recently pushed for more physicians but those changes will take time.
Here's a document from the AMA itself stating their stance on unions (implying they don't consider themselves a union): https://www.ama-assn.org/system/files/advocacy-issue-brief-p...