In today's medical practice, it's crucial to stay updated with the latest research, often found in online medical journals. However, the cost of subscribing to these journals is extremely high. In 2020, subscribing to just two major journals, AIM and JAMA, cost a total of $3,577. If healthcare providers need more journals, the cost can increase significantly. This can be challenging for healthcare professionals, especially during the COVID era, as journal prices keep rising each year, making it expensive to access essential research.
A study on medical journal usage reveals that 77.9% of medical faculty, 68.2% of nursing faculty, and 86.7% of pharmacy faculty rely on personal subscriptions for articles, highlighting the importance of journals for healthcare providers. Imagine you're a cardiologist aiming to stay updated in your field. Subscribing to key cardiology journals can cost between $150 to nearly $900 per year. Subscribing digitally to six top cardiology journals alone exceeds $2,500 annually.
For practice owners offering journal access to their staff, expenses rise significantly. Providing access to major libraries can cost over $2,000 per institution. Additionally, many subscriptions restrict the number of users, forcing tough decisions on who can access the latest medical knowledge.