- Joined
- Jan 30, 2017
- Messages
- 77
- Reaction score
- 116
In this time of financial hardship for hospitals, is it at all possible that residency programs will start laying off residents?
Residency layoffs due to covid?
- Thread starter PsychApp777
- Start date
- Joined
- May 20, 2010
- Messages
- 5,298
- Reaction score
- 6,910
No. Resident salaries are partially if not fully government funded depending on how many funded vs unfunded slots an institution has. Residents also tend to see more patients than any NP and can basically be used wherever the hospital wants to put them if they declare “pandemic disaster mode”. They’d fire all their midlevels before even considering something like this.
also, for funded spots, it’s not like the hospital still gets the funding if there’s no resident there. So there’s really no incentive to do something like this. On top of the bad optics of course.
also, for funded spots, it’s not like the hospital still gets the funding if there’s no resident there. So there’s really no incentive to do something like this. On top of the bad optics of course.
- Joined
- Apr 30, 2011
- Messages
- 63
- Reaction score
- 88
No, but salary reductions are possible. Rutgers (both NJMS and RWJ) are attempting to freeze resident salaries (e.g PGY-3s will not receive their scheduled salary bump for their PGY-4 year, etc.).
No one is above the RU screw, apparently.
No one is above the RU screw, apparently.
- Joined
- Sep 17, 2017
- Messages
- 232
- Reaction score
- 363
I don't buy the austerity arguments. Here's a tracker of how much hospitals received in bailouts for the pandemic:
And as @calvnandhobbs68 mentioned, hospitals make a profit off of each resident from GME funding. On average they receive $150,000 or more per resident: https://publichealth.gwu.edu/conten...on-could-total-128-billion-annually-new-study
They'll probably talk about freezing salary raises (and already have at MGH) to take advantage of our perception of the situation, though. Because what else is new.
And as @calvnandhobbs68 mentioned, hospitals make a profit off of each resident from GME funding. On average they receive $150,000 or more per resident: https://publichealth.gwu.edu/conten...on-could-total-128-billion-annually-new-study
They'll probably talk about freezing salary raises (and already have at MGH) to take advantage of our perception of the situation, though. Because what else is new.
Last edited:
- Joined
- Oct 29, 2006
- Messages
- 1,840
- Reaction score
- 1,161
Don’t worry. This question is probably born out of a culture that’s told you that you’re superfluous and expendable, and that they merely tolerate you lowly residents because they are so benevolent and self-sacrificing, and tireless work toward ‘educating future generations.’ It helps pacify and assuage their anxieties as they dump all of their **** on you.
You aren’t going anywhere. If anything, they’ll just keep giving you your salary (your salary that’s such a huge drain on the system, even despite funding, because your mistakes cost so much across the system that are never recouped) and put your ass on the front lines... again rationalizing it because you should just be grateful for the hand that feeds your entitled ass.
Something like that.
You aren’t going anywhere. If anything, they’ll just keep giving you your salary (your salary that’s such a huge drain on the system, even despite funding, because your mistakes cost so much across the system that are never recouped) and put your ass on the front lines... again rationalizing it because you should just be grateful for the hand that feeds your entitled ass.
Something like that.
- Joined
- Feb 2, 2011
- Messages
- 8,066
- Reaction score
- 7,649
Heh, you saw that reddit thread too?
Similar threads
