It’s a national problem, but especially bad here. Reasons include our sparse population, the paucity of each year’s UNM Medical School graduates, the high number of hospitals here owned by private equity, our gross receipts tax, and our relatively high malpractice insurance rates. Too, many people here are on government insurance, which tends to reimburse providers at lower rates.
During 2019-2024, New Mexico was the only state with a net loss of physicians. All New Mexico counties but one are are classified as Health Professional Shortage Areas. Our doctors’ older average age means we’ll see higher retirement figures than most states.
I like Senator Bill Soules proposal to use a small amount of our permanent fund to increase residencies for doctors here. The feds fund those, but there aren’t enough. Many doctors stay where they did their residencies. In those years, one makes contacts and friends, finds the good tennis or poker games, or maybe marries someone local. But this would have no immediate impact…