Healthcare Innovation April 9, 2024
Clinicians could have as much as $75,000 forgiven in exchange for a two-year service commitment
The federal Health Resources and Services Administration (HRSA) has increased by 50 percent the initial loan repayment amount available to primary care providers who commit to practicing in areas with significant shortages of primary care providers.
With the growing cost of medical school and increased challenges in recruiting primary care providers to high-need areas, HRSA said the action would help rural and historically underserved communities attract providers to deliver critical primary care services. These providers — M.D.s and D.O.s, including OB-GYNs and pediatricians; nurse practitioners; certified nurse midwives; and physician assistants— could have as much as $75,000 forgiven in exchange for a two-year service...