Rx for Physician Glut: Pay Hospitals Not to Train New Ones FINAL Edition

For years the federal government has been paying hospitals handsome subsidies to train medical school graduates to become doctors. But last month, the Clinton administration startled the medical world by announcing that it would begin paying New York teaching hospitals $400 million over the next six...

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Bibliographic Details
Published inThe Washington post
Main Author Spencer, Rich
Format Newspaper Article
LanguageEnglish
Published Washington, D.C WP Company LLC d/b/a The Washington Post 09.03.1997
Subjects
Bruce C. Vladeck
HEALTH
HEALTH CARE PROVIDERS
Hospitals
INSURANCE - LIFE
Medical residencies
Physicians
RESTRUCTURINGS/RECAPITALIZATIONS
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Summary:For years the federal government has been paying hospitals handsome subsidies to train medical school graduates to become doctors. But last month, the Clinton administration startled the medical world by announcing that it would begin paying New York teaching hospitals $400 million over the next six years not to train doctors. Instead, he suggested that Medicare is beginning to rethink its $6.5 billion doctor-training program by approving a pilot project that will reward New York hospitals if they reduce their resident load by 2,000 slots to about 8,000. Under the arrangement, Medicare will save money, since it was subsidizing New York by training doctors the country doesn't seem to need.
ISSN:0190-8286