Pharmacy Residency?

Started by Nerdgirl
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Nerdgirl

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Can anyone tell me what's pharmacy residency do for you? What kind of experience do you get from it and how much do you get paid for doing it?
How long do you have to be a resident and what kind of position can you get from finishing the residency program?
 
Can anyone tell me what's pharmacy residency do for you? What kind of experience do you get from it and how much do you get paid for doing it?
How long do you have to be a resident and what kind of position can you get from finishing the residency program?

A residency gives one clinical experience in a wide array of interdisciplinary specialties within a hospital. You get clinical experience in terms of applying therapeutics and pharmacology to these respective medical fields through rotations. You get paid usually a pittance (20-30k a year?), and it takes a year. What can you do afterwards? Be a "clinical" pharmacist within a hospital. A lot of people choose to specialize afterwards in a particular field in their PGY2 year.
 
Can anyone tell me what's pharmacy residency do for you? What kind of experience do you get from it and how much do you get paid for doing it?
How long do you have to be a resident and what kind of position can you get from finishing the residency program?

I think it all depends on where you apply to because you can apply to different clinical specialties. I know at OHSU (Oregon Health and Sciences University) it is a 1 year clinical program and they make about $40,000 the year they are in residency. I am sure it varies from state and specialty. Overall I believe they are mostly 1 year and that would probably an average salary.
 
Actually at current rates, most residency programs pay you $30,000-40,000 per year. Residencies help you become more proficient at handling medications for complex patients. However, there are other possibilities for residencies such as community and managed care residencies, where you learn more administrative and business skills. I believe that mostly residencies help you stand out from other pharmacists and you get a better shot at more nontraditional fields of pharmacy.