Hospitals lose money on residencies. That's why there aren't enough and the ones that do exist need to be subsidized by the federal government.
Hospitals lose money on residencies. That's why there aren't enough and the ones that do exist need to be subsidized by the federal government.
I _have_ been a patient going to a specialist appointment where the only doctor I saw was a resident, and I don't think I or my insurance were charged any less. So if their work brings in the same amount of revenue for the same services, and if resident often do a lot of hours (I seem to recall several years ago their hours were capped to not be _dangerous_ but are still a lot), and they're paid less during their residency than after it ... why _don't_ hospitals make money off residents? Is there some training going on parallel to seeing/treating patients which is really expensive?