Federal bill aims to add much needed residency slots
Residency Program Insider, August 1, 2014
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Hospitals in underserved areas may receive assistance funding additional training slots if the recently introduced Creating Access to Residency Education Act of 2014 is passed.
The federal bill would create a $25 million grant program through the CMS if passed. Public or nonprofit hospitals, or accredited GME training programs could then apply for matching funds to help pay for new residency slots. Applying programs must also be in a state with less than 25 medical residents per 100,000 people. Sixteen states meet this requirement.
The program would require grant recipients to provide one-third of the cost for a new primary care position and one-half of the cost for a residency slot in any other field.
The program would require grant recipients to provide one-third of the cost for a new primary care position and one-half of the cost for a residency slot in any other field.
Source: AMA Wire
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