On the residency point, it adds:
"As part of the multi-pronged approach to alleviating the doctor shortage we also need additional federal support to produce about 3,750 more doctors a year by lifting the cap on federally funded residency training positions. Teaching hospitals are operating 10,000 residency positions without Medicare support, but cuts to Medicare and other clinical reimbursements jeopardize the ability of teaching hospitals to cross-subsidize with clinical revenue these positions.
The AAMC strongly supports bipartisan GME legislation introduced in both the House of Representatives and the Senate, the Resident Physician Shortage Reduction Act of 2019 (H.R. 1763, S. 348), which takes an important step towards alleviating the physician shortage by gradually providing 15,000 Medicare-supported GME residency positions over a five-year period. However, legislation alone will not relieve the doctor shortage.
In addition, the AAMC supports non-GME incentives and programs, including Conrad 30, the National Health Service Corps (NHSC) and Public Service Loan Forgiveness (PSLF), and Title VII/VIII, which are used to recruit a diverse workforce and encourage physicians to practice in shortage specialties and underserved communities."
Dr. Wilensky says that most likely, hospitals lose money on residents in the first year, when the doctors just out of med school waste a lot of time and money on unnecessary tests and treatments. But residents’ value goes up rapidly because the learning curve is steep, while their salary increases are not.
In fact, one data point that suggests hospitals are currently making a lot of money on the more seasoned residents is the quantum leap in compensation on the day doctors convert their status from trainee to attending physician, under a new job contract. How can a doctor be worth paying only $60,000 on Friday and then at least twice that on Monday? Does the doctor’s marginal revenue product — that is, how profitable the doctor is for the employer — actually surge that much?
We don’t know exactly how profitable individual residents are for hospitals because the hospitals can’t or won’t do the complicated accounting to figure it out, at least not publicly. But we can guess, at least, where hospitals believe they make the most money, based on how they’ve allocated their residency slots (both those Medicare subsidizes, and the 17,000 additional jobs that health care organizations have managed to create through other funding in the last decade).
Hospitals are not eager to find out the truth—I wonder why? Certainly doubling or tripling one's salary upon graduation indicates that later-year residents are highly profitable.
Most simply, the match should end and hospitals should be allowed to bid competitively on residents, just like they do for every other job. Then the market will clear and we'll see how much they're actually worth. First-year resident salaries may decline but I bet third-year resident salaries increase.
It's not clear the extent to which less educated medical providers are a problem: https://www.upi.com/Study-finds-no-difference-in-care-betwee... or https://annals.org/aim/article-abstract/2716077/intermediate...
Looking at the American med students I know, getting through med school in four years seems to require giving up all semblance of a private life and driving yourself to the edge of exhaustion/over the edge into a mental break-down. I don't think there's a way to do it in three years or even less.
That said, there might be a market for specialists with less training than that. There's no real reason to make e.g. an aspiring orthopedic surgeon sit through the entirety of med school, including all the dermatology/pediatrics/gynecology etc stuff.
But as another commenter mentioned, you'll have a hard time getting the regulatory bodies to accept your "eight months to orthopedic surgery" students as fully qualified doctors
I think the difference is that many students enter German (and other non-US) med schools immediately after high school, while US med schools only accept students who already have a 4 year undergrad degree.
So in reality US medical training takes 8 years (4 years of pre-med undergrad, 4 years med school) which makes the 6 years look relatively efficient.
Also those non-US doctors graduate with substantially less debt.