“The proliferation of new schools is also a market response to a rare convergence of forces: a growing population; the aging of the health-conscious baby-boom generation; the impending retirement of, by some counts, as many as a third of current doctors; and the expectation that, the present political climate notwithstanding, changes in health care policy will eventually bring a tide of newly insured patients into the American health care system. If all the schools being proposed actually opened, they would amount to an 18 percent increase in the 131 medical schools across the country.”For some perspective on the significance of this development, follow me past the jump. What does this mean for you, a student of medical billing and coding? The implication is clear. That convergence of forces the Times referred to will ripple down through the entirety of the medical industry. More patient need means more doctors are needed. More doctors needed means more medical schools opening to accommodate that need. It also means many more physician’s offices and practices will be coming online in the ensuing years. This all translates into more job openings in the field of medical billing and coding to keep up with the growing demand for healthcare. Do you have any friends or relatives who are also working toward careers in the health care field? Share with us in the comments.
The New York Times reported over the weekend on an imminent surge in new medical schools to open in the US this year. From that article: