Which other entity would you suggest? Residency programs mostly run in non-profit or state government teaching hospitals. They are already financially struggling.
The “non-profit” hospital systems* by me are neither non-profit, nor struggling. They are distributing their large profits to their de facto owners—the executives.
* Systems not hospitals. These groups are gobbling up the entire industry. Hospitals are only a part of their diversified portfolio of businesses.
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What about the universities with the medical schools? How many of them are sitting on giant endowments?
* Systems not hospitals. These groups are gobbling up the entire industry. Hospitals are only a part of their diversified portfolio of businesses.
—-
What about the universities with the medical schools? How many of them are sitting on giant endowments?