Right now there is a short window to apply for additional cap slots through the redistribution of FTEs from closed teaching hospitals under Section 5506 of the Patient Protection and Affordable Care Act (PPACA).
Over 500 GME leaders gathered in Phoenix recently for the annual Association for Hospital Medical Education Institute. Read some of our major takeaways.
This article discusses best practices for building and maintaining affiliation agreements between health systems and universities as the healthcare market continues to evolve and both parties seek to maximize the strategic advantages of their partnership.
Teaching hospitals across the United States spend an estimated $17 billion annually on graduate medical education (GME) programs. While federal and state funding provides some offsetting revenue, teaching hospitals and academic health systems must make a significant investment in training new physicians each year.
Why have medical schools become more dependent on funding from teaching hospitals? Because all other funding sources have flattened or declined, while maintaining competitive academic programs has only become more expensive.
Although the primary driver of reclassification is typically the positive impact on clinical payments, there can also be significant implications for the hospital’s graduate medical education reimbursement.
Facing revenue stream challenges, schools of medicine (SOMs) are evaluating the distribution and use of their limited resources and embracing more data-driven approaches to financing academic activities.
With academic medical centers engaging in higher levels of mergers and acquisitions, AMC leaders should consider these five factors criticale to success.
This article presents a simplified research strategy framework for AMCs to use to address their research enterprise priorities.
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