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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A five-year decision framework for hospital CFOs evaluating training cost, GME support, clinical economics, recruitment, and physician retention.
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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 articleYes. Residents can change specialties, but the new specialty may not give you full credit for the training you already completed. Before leaving, find out how you would enter the new specialty, how much training would count, and what your new graduation date would be.
Read articleYou can switch residency programs. The safest way is to find a receiving program that can take you, confirm how much of your training will count, and coordinate the move before you give up your current position.
Read articleA five-year decision framework for hospital CFOs evaluating training cost, GME support, clinical economics, recruitment, and physician retention.
Read articleA practical framework for balancing recruitment, temporary coverage, physician retention, and residency training across multiple planning horizons.
Read articleWhy new Medicare-supported slots add valuable capacity without eliminating hospital-specific caps or the broader residency funding gap.
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