Less Money for Physician Training?
The U.S. Institute for Medicine, a non-profit organization that provides input on health policy to the government, has recently published a report that calls for more oversight and accountability on the more than $15 billion spent yearly on graduate medical education (GME).
The institute formed an expert committee to conduct an independent review of the GME system, determining that there should be significant changes to address current deficiencies. One of the most controversial recommendations called for per-resident funding based on strategic needs for health care, meaning that programs with residents in areas that had shortages, such as primary care, would receive more funding. The report also called for a new office within CMS to implement the new proposals and increase transparency of where funds are used once they have been received by academic institutions. To read the report, visit http://bit.ly/IOMReport14.