With a growing, aging population, the demand for physicians will intensify over the coming years. According to AAMC estimates, the United States faces a shortage of between 61,700 and 94,700 physicians by 2025. Cuts to graduate medical education (GME) jeopardize the ability of medical schools and teaching hospitals to train physicians, nurses, and other health care providers to address the shortage.
Medical schools and teaching hospitals receive funding for research from federal and state agencies, private industry, and philanthropic efforts. By far the largest source of federal research funding comes from the National Institutes of Health (NIH). Federal funding cuts–especially as a result of sequestration–jeopardize the groundbreaking research taking place at institutions around the country.
Teaching hospitals provide clinical education and training to medical students, residents, and postgraduate fellows and are distinguished, in large part, by their clinical research programs where drugs, medical devices, and treatment methods are developed and tested.