NJ boosts medical education funds to combat physician shortage: 5 observations

New Jersey is increasing the budget for future physician training in hopes of curbing the physician shortage, according to New Jersey 101.5.

Advertisement

Here are five observations:

1. However, about 70 percent of the physicians who receive medical education in New Jersey leave to practice in other states.

2. Still, New Jersey plans to spend $188 million in state and federal funds for graduate medical education in 42 teaching hospitals in 2017.

3. Thirty-eight of those hospitals will receive more funding than they received the previous year.

4. The state funds 898 first-year residency slots, compared to Pennsylvania’s 2,064 slots and New York’s 3,873 slots.

5. State hospitals are emphasizing peer mentoring and research opportunities to retain residents.

Recent articles:
Where do healthcare CEOs stack up? 4 points on CEO compensation
5 things to know about the global healthcare mobility solutions market
SCA partners with Gladiolus Surgery Center, Tenet completes $575M sale of Atlanta hospitals — 6 key notes

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Advertisement

Next Up in ASC News

Advertisement

Comments are closed.