FINANCING A RESIDENCY PROGRAM

KPIGME Model

The Dr. Kiran C. Patel Institute for GME Model is focused on advancing our mission to, “Advance healthcare globally by developing & sustaining world-class graduate medical education opportunities”.

The GME Institute is a 501(c)(3) not-for-profit institute that focuses on cost effective model by training a consortium of residents at scale to create high-quality GME programs designed to meet the needs of the population. There is startup funding available new programs and the GME Institute offers low administrative fees, depending on the services provided.

Economic Impact of GME 

According to Tripp Umbach, an independent medical education consulting firm, residency programs make a significant economic impact to the community in which they are located.

Why GME?

Having a residency program(s) is a major advantage for hospital or healthcare systems.

Here are some of the proven advantages:

  • Increased future supply of physicians in the community.
  • Potential decreased lengths of stay for hospitalized patients (up to 1.26 days).
  • Potential for decreased patient costs (up to $167/hospitalization)
  • Potential for increased patient satisfaction scores.

KPIGME Model

The Dr. Kiran C. Patel Institute for GME Model is focused on advancing our mission to, “Advance healthcare globally by developing & sustaining world-class graduate medical education opportunities”. The GME Institute is a 501(c)(3) not-for-profit institute that focuses on cost effective model by training a consortium of residents at scale to create high-quality GME programs designed to meet the needs of the population. There is startup funding available new programs and the GME Institute offers low administrative fees, depending on the services provided.