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Medicare-Funded Residency Positions
[By Bonner R. Cohen]
Congress bypassed an opportunity in recently enacted COVID-19 relief bills to significantly increase the number of Medicare-funded residency positions at hospitals.
In the last package, which amounted to $1.4 trillion in government spending and was signed by President Trump on December 31, lawmakers set aside $120 million for 1,000 new physician training slots over the next five years. There was a more ambitious bill on the table that would have added 15,000 residencies over the next five years, but it failed to make it into the giant year-end coronavirus relief package.
“The increase of 1,000 slots is a good first step but a far cry from what is needed,” said David Balat, director of the Right on Health initiative at the Texas Public Policy Foundation.
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Filed under: "Doctors Only", Health Economics, Portfolio Management | Tagged: Bonner Cohen, doctor shortages, Medicare-funded residency positions, physician shortages | Leave a comment »
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