May 25. According to the Graduate Medical Education (GME) Advocacy Coalition, the nation is facing a shortage of up to 139,000 physicians by 2033, and it’s a figure likely to be worsened by pandemic-related rates of early retirement and physician burnout. Nearly 45% of active physicians are 55 or older.
Roughly 40% of all charity care in the U.S. is provided by teaching facilities where residents learn—that equates to $8.4 billion in care. Specifically, teaching hospitals deliver 20% of all hospital care and provide for seniors, veterans, and patients in underserved communities. Residents also often stay and practice in the cities and towns where they are trained, which benefits local communities.
The Graduate Medical Education (GME) Advocacy Coalition has appealed to Congress to increase funding for medical schools and teaching hospitals so they can accommodate 13,000 more medical students per year.