Med Schools Boost Enrollment, But Residency Slots Threatened
Medical schools generate much of the revenues that keep them open through the clinical practices of their faculties, who often provide care to underserved patients. "Not only do we face cuts, but we still are going to be taking care of those patients because no one else in the community is willing to because there is no money it," Mitchell says.
In addition, medical schools could also see a reduction in research funding, as Congress eyes cuts budget cuts at the National Institutes of Health. And cash-strapped states across the country are cutting Medicaid funding, another source of revenue for medical schools.
"We are educating Congress and the administration. We spend a lot of time pointing out the current shortage and how it will be exacerbated over the next several years because many physicians will be retiring," Mitchell says.
John Commins is a senior editor with HealthLeaders Media.
- 12 Hires to Keep Your Hospital Out of Trouble
- Meaningful Use Payment Adjustments Begin
- 'Mega Boards' Could be Rural Healthcare Disruptor
- Ratcheting Up Patient Experience Has a Downside
- 1 in 5 Eligible Hospitals Penalized for HACs
- HL20: Lee Aase—Who's Behind @MayoClinic
- HL20: Sam Foote, MD—The Courage to Speak Up
- HL20: Derek Angus, MD—An Intense Focus on Care
- No Boost to NFP Hospital Bond Ratings from Medicaid Expansion
- Top 3 Nursing Lessons of 2014