Working retirement: Physician shortage, aging boomers and reimbursement models complicate golden years
Dr. Gary Leifer, one of 19 physicians with Kansas City Urology Care PA, worries about more than urinary streams.
With 79 million baby boomers moving toward retirement, many of them physicians, Leifer is concerned about the inadequate stream of new doctors entering his and other specialties.
The challenge of replacing doctors during a worsening physician shortage, however, is only one of the issues now associated with an older practice member slowing down or hanging up his or her stethoscope altogether.
“Retirement for a physicians practice creates all sorts of complexities,” said David Thompson, a director for CBIZ Accounting, Tax & Advisory Services in Leawood. “And you really need to plan for how you’re going to deal with those.”