Hospitals ask for $20 million to fund residency programs
Residency Program Insider, March 13, 2015
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The Teaching Hospital Council of Florida and the Safety Net Hospital Alliance of Florida recently announced that they will be asking state lawmakers to spend an additional $20 million to fund new residency programs and training slots.
According to the proposal, the requested fund would be eligible for an additional $30 million in federal matching funds. Currently the state has $80 million in state and federal funding dedicated to GME. The new funding would establish a program to give hospitals a one-time $100,000 bonus for every residency slot they create in a specialty with a shortage of physicians.
The two organizations recently released a study that found that the state could face a shortage of nearly 7,000 physician specialists by 2025. The specialties with the largest projected gaps were general surgery, psychiatry, and rheumatology.
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