Understanding Residency Program Finances: Models, Funding, and Considerations
Explore the intricate web of residency program finances, including sources of funding, financial models, and key considerations for Community Health Centers (CHCs) planning residencies. Delve into the various relationships, funding sources, and financial aspects crucial for successful residency programs in healthcare education.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
You are allowed to download the files provided on this website for personal or commercial use, subject to the condition that they are used lawfully. All files are the property of their respective owners.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author.
E N D
Presentation Transcript
GME Finance and CHCs Kiki C. Nocella, PhD, MHA
Background and Experience Faculty at University of Southern California Department of Family Medicine Founding Vice Provost of Health Affairs University of California, Riverside Founder of Believe Health and KCN Consulting 2008-present Contracted with The George Washington University for the evaluation of THCs Have developed almost 100 residency programs and consortiums for states, regions, hospitals, and FQHCs.
Sources of Residency Funding Medicare GME Funding through the training hospital IME (added onto DRG) DGME (paid directly to hosp or CHC) State GME Funding Grants/Stipends from funders, medical schools Patient care revenue Institutional support (direct contribution and in-kind) HRSA THC-GME grants
Understanding a residency programs finances Resident Clinic (Precepted Ambulatory Visits) Faculty Practice (ambulatory, not precepted) Resident Inpatient Service Total Residency N/A N/A N/A
Models of Relationships Hospital Sponsored CHC Sponsored CHC as Continuity Practice Rural Training Track (aka 1:2 program)
Considerations for CHCs planning residencies Cultures of service and education BPHC requirements and ACGME requirements Scope of services Relationships with hospitals Richness of education Exponential community value Improved P/L
