Kaiser Permanente has something similar for their med school in Pasadena. In 2019 they announced free med school tuition for the first 5 classes (through 2024). Unsurprisingly this attracts top talent, and there don’t appear to be any sort of strings attached (eg, stay employed with Kaiser for X years once you finish).

Their acceptance rate was 50/11,000 applicants last year (0.45%).

[0] https://www.nbclosangeles.com/news/health-wellness/kaiser-pe...