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Seniors Will Soon Drive the US Healthcare Market; Doctors in Short Supply

By 2030, one of every five Americans will be over the age of 65 and nearly half of all medical care spending will go to seniors. However, the US health care market is not positioned to meet the needs of this ever expanding group. The consequences of an understaffed and under-trained geriatric health care workforce could mean a sharp increase in the number of medical malpractice lawsuits and medical injury lawsuits in the future. A recent article highlights the shortcomings of the geriatric health care system, noting that doctors who serve senior patients make less than their internist counterparts and that geriatric specialists have decreased in number by nearly 25%. To meet the new demand for geriatric health services, the US needs to add 3.5 million people to the geriatric health care workforce in the next twenty years. Without necessary staff and salary increases, seniors could face tough choices in selecting a quality health care provider and avoiding injury in the doctor’s office.

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