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New program in Las Vegas - does anyone know anything about it?
Thank in advance
Thank in advance
thanks for the input, but my wifes fam is from Vegas so i wanted to try stay there.
Because i'm overseas i don't really understand, why do you say cheap labour?
Just don't train them then. Ez.Residents are the cheap labor. Outside of training resident the cost of having a residents is cheaper than a physician or a CRNA.
Residents are the cheap labor. Outside of training resident the cost of having a residents is cheaper than a physician or a CRNA.
I'm sure they crunched the numbers. What did they do? They opened up a residency.The cost savings aren’t quite what you’d think - remember instead of covering 4 rooms with mid levels you can do no more than 2 with residents. So while less CRNAs are needed more physicians are required. There’s data on this somewhere, but I’m not entirely sure what the net effect is - but I am sure HCA has crunched the numbers and is doing whatever is financially advantageous.
why do you say cheap labour
As stated above, residents are cheap. An AMC's primary goal is profit. That goal doesn't really align with the primary goal of a residency which should be education. Buyer beware.
The cost savings aren’t quite what you’d think - remember instead of covering 4 rooms with mid levels you can do no more than 2 with residents. So while less CRNAs are needed more physicians are required. There’s data on this somewhere, but I’m not entirely sure what the net effect is - but I am sure HCA has crunched the numbers and is doing whatever is financially advantageous.
wow thats so ****. I can't believe they actually train people like that.
So how would i know if a place is like that or not
my brief attempt at those numbers from 1000 feet high and making generalizations...
To cover 4 rooms
option A) 1 d0c + 4 CRNAs
option B) 2 docs + 4 residents
Residents are basically free labor. The hospital gets paid something like $115,000 per year (exact number varies) per resident from Medicare funds. This covers the residents salary and benefits as well as partially offsets the costs of someone teaching them. So if you pretend your total doc costs are $400K per year and your total CRNA costs are $200K per year...
option A costs $1.2M per year
option B costs $800K per year
You can tweak the numbers however you want, but the fact that residents are free labor to a hospital means they are always the cheaper option (can't beat free). Throw in that you can get them to work like 60 or 70 hours per week instead of 40 for the CRNA and it's even better.
How does the MD part factor in, and what about the DO school Touro right there in LV?Add in the fact that LV is historically an MD only town, and the math is even more favorable.
How does the MD part factor in, and what about the DO school Touro right there in LV?
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Ohhhhhhhh. Hahaha. That makes much more sense.I was saying that practices in LV have historically been MD only - as in no CRNA's. By "MD" I mean docs doing cases solo. Has nothing to do with MD v DO.
When you go from 4 docs covering 4 rooms to 2 docs and 4 residents, you save even more money than if you were 1 doc covering 4 CRNA's.
Thanks eveyrone for the heads up i'll definitely take it under consideration when i apply.
I have to balance being an IMG and matching anywhere.
With matching somewhere with a university title.
And making my wife happy.
Its just very hard to tell what the true vibe will be come match time. I got a 232 on step 1 and have some good first author papers.
But its just hard to tell.
Basically best way to increase profits for business companies is to create more residents. Immediate cheap labor and also create more future anesthesiologists this increasing supply and lowering salaries/benefits
I personally think Anes residents are the most valuable residents. If a hospital had no medicine residents they can still have the same number of attendings. Not true for anesthesiology
It can be your last ranked program. At least an AMC will hire you when your done.