Keckley Report April 3, 2017
Paul Keckley

The value proposition for medical education needs attention. For the nation’s 147 academic medical centers and 400 teaching hospitals, the path forward is dicey.

For teaching hospitals that host residencies, it’s a straightforward budget issue: funding from Medicare and Medicaid for these 115,000 slots is shrinking and operating costs associated with hosting residency programs are increasing faster than revenues.

For academic medical centers, it’s more complicated. Their tri-fecta mission—training clinicians, conducting research and delivering patient care—is noble. But it makes for a complicated and expensive operating environment: Academic medical center (AMC) operating costs for patient care activities are 29% higher than the non-academics with whom they compete.

Begging public officials for additional funding, convincing payers to pay a premium and...

Today's Sponsors

Venturous
Got healthcare questions? Just ask Transcarent

Today's Sponsor

Venturous

 
Topics: CMS, Health System / Hospital, Healthcare System, HHS, Medicaid, Medicare, Patient / Consumer, Payer, Physician, Population Health Mgmt, Primary care, Provider
Fauci allies, Covid vaccine officials get ax at NIH
GenAI is already transforming the healthcare industry
Where Medicaid cuts stand
Q&A: Rural hospitals need help with cybersecurity survival
Radiology provider MedQuest part of deal to acquire 18 imaging centers from 1 of nation’s largest orthopedic groups

Share This Article