The Economics of Residency Expansion
A five-year decision framework for hospital CFOs evaluating training cost, GME support, clinical economics, recruitment, and physician retention.
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How much money do residents generate healthcare systems?
There is no single credible “revenue per resident” number as a resident’s financial contribution depends on specialty, clinical volume, payer mix, teaching structure, Medicare GME reimbursement, staffing alternatives, and whether the resident later stays in the system as an attending. However, the tangible and intangible value of a resident can absolutely be calculated when these variables are accounted for together.
Read articleShould a health system recruit, use locums, or expand residency training?
A physician workforce decision framework for CEOs, CFOs, CMOs, and strategy leaders
Read articleWhat does it cost a hospital to add one resident?
A CFO's guide to the full incremental economics of a residency position
Read articleHow are residency programs funded?
A complete funding guide for program directors, DIOs, and coordinators
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How does Medicare GME funding work?
DGME, IME, per-resident amounts, FTE caps, and above-cap residents explained for hospital leaders
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How to build a CFO-ready business case for adding residency positions
A step-by-step guide for program directors, DIOs, and GME teams
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