Physician Shortage Epidemic

The United States is facing a crisis that is invisible to most people; however you can be certain that every physician is very aware.  We are on the verge of experiencing a serious shortage of practicing physicians.  In some rural regions of the U. S., there has long been a shortage of local doctors, but we will soon experience this painful deficiency in most regions of this great county.  This is a scary issue to deal with and there are numerous factors involved.

The enormous baby-boomer generation (those born between 1946 - 1964) actually creates a two-fold issue.  As this generation ages, over a hundred-thousand maturing doctors are expected to retire over the next several years.  Additionally, as baby-boomers turn 65 years of age, they qualify for Medicare, which occurs at a staggering rate of between 8,000 – 10,000 individuals each and every day.

Another influencing factor is the Obama Care Health Care Reform.  By 2014 some thirty million additional Americans will be covered by health insurance.  Although many consider this to be a good thing, it creates a serious problem for medical doctors.  Locating a physician who is taking new patients could become very difficult at that time.

The Association of American Medical Colleges (AAMC) has estimated that the country will have more than 62,000 fewer doctors than are needed by 2015, and that number will double by 2025.  This shortfall is predicted in spite of a push by teaching hospitals and medical schools to boost the number of U.S. physicians.  The AAMC has increased its lobbying effort with Congress to end the freeze on Medicare funding for residency training.  Unknown to many, this freeze has been in effect since 1997 and the results are becoming a serious concern.  The AAMC says that even a modest 15% increase in funding would help prepare 4,000 additional doctors each year.

A shortfall of physicians is not the only issue at hand.  Physician compensation is another issue.  Although more students are applying for medical school, the number of Primary Health Care physicians has fallen dramatically.  This is largely due to the fact that family practitioners average salary is approximately half that of specialists.  Additionally, the insurance reimbursement cuts are making it harder to physicians to earn what they did only a few years ago.

With most people in the U.S. today still able to get a doctor’s appointment in a timely manner, Americans tend to be complacent about this issue. The shortage of doctors is already a crisis. If we fail to act now, only the wealthy will be able to see a doctor before their illness or injury becomes life threatening, and many won’t see one even then.  Without proper care, many will die from diseases and illnesses that are easily treatable. We need more measures in place to ensure that qualified students who are interested in the medical profession have a spot available in our medical schools, and will also have a spot for residency training.  It is important that we stay aware of what is happening in the medical profession, and what the powers-that-be will do to forestall this doctor shortage.

for more information, please visit www.RivieraREG.com

Why you need Tenant Representation

If you are not using a tenant representative broker, you are vulnerable to many aspects of lease negotiation.  Your landlord negotiates leases every day, and if you don’t, you lack the experience to get the most of this type of transaction.  By leaving all the power in the landlords hands you are quite possibly paying more in rent than you should and could also be unaware of other available benefits.  Landlords use leasing agents to maximize their profit and capitalize on your lack of market knowledge and resources.  Landlords already have a leasing team in place, and it’s time for you to have one as well.

To achieve an advantageous solution to a specific real estate need, you must have access to: current and accurate market information, negotiation skills, and transaction expertise equal or superior to that of the landlord who has professional representation.  Landlords negotiate leases on a daily basis, which gives them an advantage over someone who performs a lease transaction every 3-10 years.  Utilizing an experienced real estate tenant representative Broker will help you get the most out of any commercial real estate transaction.   

Market Knowledge – A real estate Broker is the most knowledgeable person in his or her particular field and market area.  They spend years learning about every building, company, project, rate change, development, and nuance in a specific market place.  Real estate professionals also have access to many real estate networks and programs that others may not even know about.  This only increases their market knowledge and ability to direct a business owner in the right direction.  

Training/Experience – A real estate Broker deals with real estate transactions on a daily basis.  This includes: lease negotiation, market analysis, transaction completion, business consulting, marketing and many other aspects of commercial real estate.  To some, real estate is only a job, but to be successful it must also be a passion.  This passion leads to an unwavering desire to be the best along with a career-long commitment and devotion to their clients and market.  Someone who knows what is under every stone in a specific market will be able to give you an advantage when negotiating with a landlord of any size.

Value of Time – Unless you are a seasoned real estate professional, spending countless hours researching your next location or reviewing the legal terms of a lease will be a confusing and frustrating waste of time.  Your valuable time should be spent operating your business and taking care of your clients.  Allow a tenant representative Broker to handle all of your real estate needs in a confidential, professional, and honest manner.  An experienced real estate professional can typically foresee problematic real estate issues before they become a large problem.  If you are not utilizing a tenant representative broker, you are wasting your time and could also be missing out on other unknown benefits.  

For over 10 years I have learned from being involved in both sides of the real estate transaction. Now I am strictly specializing in no-conflict, tenant-only representation, where I will always look out for the tenants best interest, at no cost to them.  Allow a seasoned real estate veteran to negotiate new and renewed leases, expand or consolidate your office, find your next location, keep you well informed about the local market, and make sure your tenant rights are preserved. 

Stop trying to negotiate with powerful landlords while your time is better spent elsewhere.  Let an experienced real estate professional deal with the extensive lease negotiation at absolutely zero cost to you. 

Learn more at www.RivieraREG.com