The Top 5 Concerns for Physicians in 2016
There is no shortage of opportunities for healthcare professionals in 2016 and the years that follow it. Emerging technologies have created new and better ways to deal with patients and the ailments they face, and continuously improving healthcare education is creating a workforce of physicians and healthcare administrators who are well equipped to handle 21st-century medical challenges. With that said, there are also plenty of concerns for physicians in 2016. In this article, we’ll highlight some of these concerns and look at what issues physicians will face going forward.
Concern #1: Getting Paid a Deserved Wage
Payment models for physicians are changing, leaving many medical professionals to worry about what their own payments will look like in the near future. Most notable is a new law that calls for a Merit-Based Incentive Payment System (MBIPS). This law has left many to wonder who will be judging physician scores under MBIPS, how they will be judged, and what effect MBIPS will have on current payment models.
Concern #2: Patients Choosing Healthcare Providers Based Cost Instead of Merit
With healthcare deductibles steadily rising, many patients are searching for more affordable alternatives. While choosing a healthcare provider is usually a decision based on the merit of the physician, cost may start playing a larger role in the decision-making process.
Concern #3: Keeping the Costs of Technology Down
Emerging technology has provided physicians with a wide range of new opportunities to improve their practice and better serve their patients. Yet, this technology comes at a cost. In recent years, costs associated with healthcare technology have soared. Keeping these costs at a minimum while still managing to stay on the cutting edge of the technology available is certainly a concern for physicians in the modern era.
Concern #4: Treating Mental Illness
Approximately one in 25 adults in the U.S. suffers from some form of serious mental illness that inhibits their day-to-day functions. In spite of this widespread problem, a recent survey shows that 84 percent of U.S. primary care doctors say they do not feel well-prepared to treat a patient suffering from a severe mental illness. The more we learn about mental illness, the more we realize it is a problem that all doctors need to know how to treat, not just psychiatrists. Developing a better understanding of how to treat patients suffering from a serious mental condition is certainly a primary concern for physicians going forward.
Education Funding and Student Debt Relief
Graduate Medical Education (GME) is an incredibly expensive education. Even more concerning is the fact that invaluable funding for GME is in danger of being cut. This could leave new physicians with crippling amounts of student loan debt and make navigating the financial aspects of their job all the more challenging
All of these concerns, while substantial, can certainly be overcome. If you are interested in being a part of the solution by pursuing a leadership position in the healthcare industry, consider an online Masters in Healthcare Administration through the University of Southern California.