IOM Suggests Overhauling The Way Medicare Funds Physician Training

The Institute of Medicine on Tuesday (July 29) drew objections from teaching hospital and physician groups by proposing Medicare overhaul the way it funds physician training. Teaching hospitals complained the recommendations would cut their graduate medical education funding by 35 percent and exacerbate workforce shortages. IOM suggested Medicare keep funding graduate medical education at the same level but use a portion of that funding to test a performance-based GME system that would eventually replace the current cost-based system. CMS should...