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The Economic Factors Impacting the Viability of Pediatric Ophthalmology

Karen E Lee, Jake A Sussberg, Leonard B Nelson

    Journal of Pediatric Ophthalmology and Strabismus
    |November 28, 2022
    PubMed

    Insights

    Economic challenges are impacting pediatric ophthalmology, leading to revenue decreases and increased overhead. Many specialists are considering leaving the field, threatening future access to eye care for children.

    Area of Science:

    • Ophthalmology
    • Healthcare Economics
    • Medical Workforce Analysis

    Background:

    • Pediatric ophthalmology faces unique economic pressures.
    • Understanding these financial factors is crucial for maintaining the specialty.

    Purpose of the Study:

    • To assess the economic factors affecting the viability of pediatric ophthalmology.
    • To analyze revenue, costs, and workforce trends from January 2021 to July 2022.

    Main Methods:

    • A 12-question survey was distributed to US-based pediatric ophthalmologists.
    • Data on demographics, economics, and workforce patterns were collected and analyzed.

    Main Results:

    • Significant revenue decreases and overhead cost increases were reported.
    • Many ophthalmologists are subsidizing income, limiting patient access, or retiring early.
    • A substantial percentage would not recommend the specialty to trainees.

    Conclusions:

    • The field is experiencing disillusionment and a decline in new trainees.
    • Economic pressures and workforce issues suggest a future shortage of pediatric ophthalmologists.
    • This shortage may severely limit access to essential eye care for pediatric and adult patients.
    Abstract

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