Tuesday, 25 August 2009

Supply - and demand !

There is one inescapable law of commerce that exists under the heading " Supply and demand " !

When demand exceeds the capacity of supply - the price goes up !

In the last fortnight Shellharbour hospital's emergency department has closed for two 10 pm-8 am shifts, leaving Wollongong hospital to take the entire load. The reason for this closure was the inability to obtain a doctor to treat emergency patients.

What is frightening is the permission granted to increase the pay rate to attract a locum for temporary service. An offer to pay $ 1450 for a single ten hour shift simply did not get a response.

Applying " the law of commerce " can result in a byproduct - " the law of unintended returns ".

If this sort of hourly rate is dangled in front of salaried doctors, either in government service or in the private sector - there is a huge incentive to resign or quit private practice and become part of the relief locum network.

The same sort of money - or more - can be had for working much shorter hours, giving access to a much more relaxed life style.

Which brings us back to the reason we have this predicament !

If there is a shortage of doctors - why haven't we expanded our medical schools to overcome the problem ?

No comments:

Post a Comment