Residency

MedPAC focuses on new ways to fund GME

Residency Program Insider, November 17, 2009

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The Medicare Payment Advisory Commission (MedPAC) heard a proposal for a new way to fund GME during its meeting earlier this month.

Commissioners listened to a presentation about the establishment of a “national medication education trust fund,” according to the AAMC’s government affair Web site. The speakers explained that the trust fund would pool resources "into an entity that can assess U. S. needs and allocate funds accordingly."

According to the AAMC, the funds would come from Medicare, Medicaid, and general revenues and could be distributed to a variety of entities, including providers and, potentially, residency programs.

MedPAC anticipates the release of recommendations for GME funding in its June 2010 report.



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