The conventional wisdom
Based on current workflows, the AAMC predicts that the US will see a shortage of up to 48,000 PCPs by 2034. Some organizations assume this shortage will be equally distributed across the country and that their market will experience a shortage relative to the national estimates, but that is not the case. While some markets will experience a significant undersupply of primary care providers, others may not be undersupplied at all. Our experts have found that certain capacity investments and alternate providers may significantly reduce or eliminate future primary care shortages, especially if they are already prevalent in a local area.
However, even those who realize the national figures are not one-size-fits all and take a more localized approach to understand need may rely on panel size estimates. While a panel size approach is not necessarily wrong and is important for value-based care and quality, the method has some crucial limitations.
First, the timeframes used to set the panel size are variable. While the industry standard is approximately 18 months, many people still use 24 months, and some methodologies rely on 12-month benchmarks.
Second, panel ownership differs depending on state laws and regional or system-based practices. For example, in some states only primary care physicians can have a panel so any patients seen by advanced practice providers are included in a PCP’s panel size.
Third, panel size estimates themselves are often outdated or highly variable by population factors such as age and insurance coverage.
Finally, panels do not sufficiently account for emerging primary care disruptors like telehealth.