The Fastest Growing Field in Healthcare

By zinkevych @ Adobe Stock

With doctor shortages in many areas of the country, nurse practitioners are filling the gaps, and the role has become the fastest-growing field in healthcare. Te-Ping Chen reports for The Wall Street Journal:

These days, heading to the doctor’s office often doesn’t involve a doctor. At least not directly. Instead, nurse practitioners have become major gap fillers, growing their ranks by 60% to 461,000 between 2019 and 2025, data from the American Association of Nurse Practitioners show.

Physician assistants who can fill similar roles are also in high demand, as are other non-MD health providers. They are all part of a broader trend to push basic care beyond the doctor’s office. In many states, for example, pharmacists now prescribe medications such as contraceptives and flu treatments.

This shift has sparked some controversy: Doctors’ groups say there is danger in deploying people who don’t undergo the rigor of medical school and residency to do unsupervised doctor-level work. These groups have tried to stop states from changing rules to widen the market for NPs and PAs, as the other professions are known.

But the graying population frequently demands more care than doctors can provide. The number of doctors the U.S. can add a year is limited by available residency slots, and many newly minted MDs often bypass primary care in favor of higher-paying specialties. The U.S. is currently facing a shortage of 16,000 primary-care physicians, according to an analysis by the nonprofit KFF, which researches healthcare policy, and projections show the shortage is likely to dramatically worsen.

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E.J. Smith - Your Survival Guy
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com To sign up for my free monthly Survive & Thrive letter, click here.