Reference no: EM132997281

If there were a shortage of primary care physicians, what would happen to their incomes?

• Set up a model of the demand and supply for primary care physicians.
• How have the incomes of primary care physicians changed in the last few years? Are these changes consistent with your prediction? 
• If retail clinics and patient-centered medical homes continue to expand, how will they affect the market equilibrium? Which curve would shift as a result, demand or supply?
• Deductibles have been rising quickly in recent years. How would that affect the incomes of primary care physicians?
• Patient-centered medical homes typically expand the roles of registered nurses. How would this affect the demand for primary care physicians?
• The ACA increased some payments for primary care. How would this affect the demand for primary care physicians?

Please provide in-text citations