Physician Shortage: A Problem That Cannot Be Ignored
Physician shortage is one of the largest problems facing the United States healthcare system today. The demand for physicians is growing faster than the supply. In 2019, the AAMC reported that the U.S. is likely to see a shortage of 122,000 physicians by 2032. As America’s population is growing and aging, the problem will only continue to grow. More and more people will suffer from a lack of healthcare, causing a ripple effect of medical problems.
It’s important to remember that this problem doesn’t just affect individual clinics and the communities that they serve. It impacts the health and well-being of millions of people. With the current COVID-19 pandemic and the all-too-real risk of future pandemics, the U.S. physician shortage could easily contribute to a worldwide healthcare crisis.
While the core of the solution involves training and hiring more healthcare professionals, there are other strategies that can help combat the problem. Training new doctors takes many years, but we need to get to work on a solution right now. It’s clear that we need a multi-pronged approach if we are to fix the doctor shortage, and we believe that the GPO healthcare supply chain has a part to play.
Combining Purchasing Power for Healthcare Savings
The goal of a GPO (or Group Processing Organization) is to combine the purchasing power of several businesses, giving GPO members the ability to get lower prices. GPO’s can be leveraged by many types of businesses, but they are frequently present in the healthcare industry. Hospitals, private practices, clinical labs, home health agencies, nursing homes and other healthcare facilities can greatly benefit from GPO’s.
How Becoming a Member Can Help Fight Physician Shortage
When your business is part of a GPO, you can receive healthcare savings on regularly-used products and services. Saving money can help make you more profitable – after all, you’re managing a business, not just a healthcare facility. But the benefits don’t stop there. Here are some of the ways a GPO can help you fight the physician shortage.
· GPO’s help to free up more funding for physicians.
Do you need to improve your facility’s finances before you can think about hiring more physicians? If so, you’re not alone. It’s difficult to attract good physicians if your organization cannot provide competitive salaries and benefits. When your organization is part of a GPO, you can get the healthcare supply chain to work for you more efficiently. With daily savings on medical equipment and supplies, you can free up more room in the budget to fight physician shortage in your hospital, clinic or other healthcare facility.
· GPO’s are a tool for hiring and staff management.
Being a GPO member is not just about savings. It’s all about positioning! GPO’s have the power to negotiate contracts for members – whether that involves deeper discounts on medical equipment, or powerful hiring solutions for healthcare facilities. A GPO has the ability to help you competitively source nurses and other healthcare professionals.
When your business is a part of a GPO healthcare supply chain, you can set yourself up for success. In turn, you can help more patients and become part of the solution.
Become Part of the GPO Healthcare Supply Chain
Whether you’re simply looking for healthcare savings or you need a higher level of support to help combat physician shortage, a trusted group purchasing operation can help. At Purchasing Connections, we serve many healthcare organizations. With a large community of members across multiple industries, we are committed to improving the healthcare system for the benefit of all members and their organizations. Ready to learn more? Speak with our team today.