Journal article
Value of Conducting Pharmacy Residency Training-The Organizational Perspective
Pharmacotherapy, Vol.30(12), pp.1313-1313
12/2010
DOI: 10.1592/phco.30.12.1313
Abstract
With the continuing evolution of pharmacy as a clinical profession, the need to prepare well-trained clinicians beyond the knowledge gained from a doctor of pharmacy degree program is magnified. Such training is afforded by pharmacy residency programs, which have expanded from hospital sites to practice settings as diverse as managed care organizations and public health departments. Although the resident benefits from the intensive training program, the sponsoring institution also derives many benefits from hosting the residency. Fundamentally, residents are licensed pharmacists who provide several contributions to the organization at generally a much-reduced direct cost. Federal funding for graduate medical education, often referred to as Medicare pass-through funds, is a common source of support for the conduct of postgraduate year one residency programs in health system settings; other sources of funding may be found in organizational and academic outlets. Residents may be integral in expanding the revenue of an organization by serving as patient care providers, developing or enhancing services, and billing for services delivered. By virtue of the roles they can assume, residents can facilitate the redeployment of existing pharmacists to other areas, tasks, or projects, thus expanding the capabilities of the department. Increasing the capacity to conduct experiential education for pharmacy students, and the compensation for such activity, can be an additional benefit. Practice sites that conduct residency training often experience a greater degree of employee satisfaction and higher employee retention rates. Engaging in quality improvement and assessment activities, assisting in staff development, and supporting innovative approaches to care are additional activities that pharmacy residents can support. This primer from the American College of Clinical Pharmacy was developed to highlight the value an organization can realize by conducting pharmacy residency training.
Details
- Title: Subtitle
- Value of Conducting Pharmacy Residency Training-The Organizational Perspective
- Creators
- Kelly M. Smith - American College of Clinical PharmacyTodd Sorensen - American College of Clinical PharmacyKathryn A. Connor - American College of Clinical PharmacyPaul P. Dobesh - American College of Clinical PharmacyJames D. Hoehns - American College of Clinical PharmacyKristine B. Marcus - American College of Clinical PharmacySteven E. Pass - American College of Clinical PharmacyAmy L. Seybert - American College of Clinical PharmacyNancy L. Shapiro - American College of Clinical Pharmacy
- Resource Type
- Journal article
- Publication Details
- Pharmacotherapy, Vol.30(12), pp.1313-1313
- Publisher
- Blackwell Publishing Ltd
- DOI
- 10.1592/phco.30.12.1313
- ISSN
- 0277-0008
- eISSN
- 1875-9114
- Number of pages
- 1
- Language
- English
- Date published
- 12/2010
- Academic Unit
- Pharmacy Practice and Science
- Record Identifier
- 9984366030802771
Metrics
10 Record Views