Physician residency is a training program required in all 50 states before medical school graduates are allowed to practice medicine. Residency programs last from three to seven years depending on the specialty. Medical residencies are apprenticeships, where recent medical school graduates care for hospital patients under the direct and indirect supervision of senior doctors who train them.
Author: Devon Herrick
Feds Are Cracking Down on Sham Consulting, Bogus Speaking Fees and other Physician Kickbacks
Federal antikickback laws are meant to prevent suppliers from rewarding doctors who use their products if those physicians participate in Medicare, Medicaid or other federal programs (this is also why seniors cannot use copay cards for Medicare Part D drugs).
The History of Ventilators, Intensive Care and the Ethical Dilemma They Helped Create
During the initial outbreaks of Covid there was a shortage of ventilators, used to help patients breathe:
FTC Wants to Ban Noncompete Employment Agreements
I know a doctor who relocated to a small town after being recruited to join a new practice. He sold his house, bought a new one and uprooted his family for a move 150 miles away. It turned out that it was not a lucrative move. His schedule was quickly filled with Medicare patients, most of whom required 30-minute visits due to multiple chronic conditions. He remarked that his pediatrician colleague could see two or three privately insured patients during the time it took him to see one (lower paying) Medicare patient. His income fell far below expectations and he decided to get out.