[sarchertech]

You're right about most of that

>We locked down the supply of physicians in 1997 via Congressional limits

This part though is wrong. We temporarily limited the number of resident slots, but total number of residents has been growing for a while now. Not as fast as many people would like obviously.

Just looking at the numbers for recent years the total number of residents jumped from 134k in 2019 to almost 163k in 2024.

If you look at total number of physicians per 10k people, that number has been growing a steady rate since the 60s.

There are now 2x as many physicians per capita as there were in 1975.

https://www.cdc.gov/nchs/data/hus/2020-2021/DocSt.pdf