Reputation and categorizing a program as "the best" is so subjective.
Think of it this way: When we were applying to undergraduate programs, everyone made us believe that getting a college degree at Yale was vastly superior to one obtained from XYZ State University. Fast forward four years and a cool $160,000 in private school tuition bills, and many Yale graduates are landing interviews for the same positions as graduates of XYZ State U. For the most part, the requirement of most entry level jobs is just to have completed a four-year degree – the university name on your diploma is far less important. The same holds true of residency. Regardless of where you complete your PGY1, you’ll be accomplishing the same ASHP goals and objectives as every other PGY1 resident. That’s the beauty of accreditation. When it comes down to it, most HR managers are only going to be screening your job application on the basis of whether or not you completed a PGY1 residency – not necessarily where you did it.
On the other hand, a program’s track record for producing successful residents is worth taking a look at. If the program is newer and has earned a “Conditional” status from ASHP, there might be a few red flags here. But, if the program boasts 10 years worth of residents who have gone on to land solid hospital pharmacy jobs, it’s probably a program worth looking into. However, you can’t make a decision based on this alone. Agree with FarmTheMine and student457. Residency is all about the fit for you.