15 Countries That Have The Best Doctors in the World

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In this article, we will look at the 15 countries that have the best doctors in the world. We will also look at the latest trends in the healthcare industry. If you want to skip our detailed analysis, head straight to the 5 Countries That Have The Best Doctors in the World

Rooted in a humanitarian ethos, healthcare work is often equated with selfless dedication to reducing suffering in the world; therefore, healthcare professionals' jobs continue to be one of the most respected professions in the world. However, globally, the World Health Organization (WHO) has estimated a shortage of 4.3 million physicians, nurses, and other health workers worldwide] especially in many developing countries. To read more about shortages, check countries that need doctors in 2023

Despite being a difficult job with severe shortages, doctors have one of the highest salaries in the world. It is also worth mentioning that Patrick Soon Shiong is the richest doctor in the world

Are Pharmacists the New Doctors?

Owing to the physician shortages, major retailers like Walmart Inc (NYSE:WMT), Walgreens Boots Alliance Inc (NASDAQ:WBA), and CVS Health Corp (NYSE:CVS) are capitalizing on new state laws, offering expanded healthcare services typically found in doctor's offices. Walmart Inc (NYSE:WMT)’s pharmacists in 12 states now provide testing and treatment for strep throat, flu, and COVID-19. Walgreens Boots Alliance Inc (NASDAQ:WBA) plans to offer a similar service across 13 states, while CVS Health Corp (NYSE:CVS) pharmacists, in 10 states, evaluate symptoms and prescribe flu antivirals and cough suppressants, excluding tests. This expansion is facilitated by recent state laws allowing pharmacists to treat minor ailments, with 44 bills becoming law in 2022. Speaking of pharmacists, check out our article about the highest paying countries for pharmacists

However, the push for broader pharmacist roles faces resistance. The American Medical Association argues pharmacists lack the necessary education and training, and the Centers for Medicare and Medicaid Services don't currently recognize them as providers for the services offered by these retailers. While legislative efforts may change this, out-of-pocket costs for services at Walmart Inc (NYSE:WMT), such as a $70 assessment and tests costing between $59 and $88, raise questions about affordability and accessibility for consumers. 

It is worth mentioning that Walmart Inc (NYSE:WMT) is also one of the best retail stocks to buy now

AI Revolution in Healthcare: Biggest Healthcare Trend in 2023

While we know AI has been revolutionizing several industries, AI’s ability to automate medical documentation has recently been a groundbreaking development in natural language processing for the healthcare sector. Researchers from NVIDIA Corp (NASDAQ:NVDA) and the University of Florida have developed an AI tool that mimics doctors' notes with the name of GatorTronGPT. In a proof-of-concept study, physicians struggled to distinguish notes written by human professionals from those generated by GatorTronGPT, accurately identifying the true writer only 49% of the time. The model is based on the GPT-3 architecture and has gained popularity with over 430,000 downloads on Hugging Face. GatorTronGPT's training involved extensive datasets that combined health-related records from two million patients and 82 billion medical terms. However, despite the exceptional potential of AI in healthcare, doctors will continue to have jobs artificial intelligence can never replace