According to numerous sources ranging from the New York Times and Reuters to Fortune magazine, one clear sign of renewed economic health in this country is the recent boom in mergers and acquisitions. Even the perpetually gloomy takeover lawyer, Martin Lipton, who once declared the virtual demise of M&A activity, recently announced that, we are in a burgeoning mergers and acquisitions boom. |
With nearly 80 million Baby Boomers approaching retirement age, America is facing a critical crisis. There simply aren’t enough doctors to care for the aging population.
Currently, the U.S. produces about 25,000 doctors a year. To keep up with the demographic trends, we’ll need between 3,000 and 10,000 more per year. Making matters worse is how long it takes to train a physician ?an entire decade ?which means that by the year 2020, the U.S. will face a shortage of as many as 200,000 doctors, according to a recent report in USA Today. |