Medical Residency Funding Cut 2% by Sequester

The national sequester, created by the Budget Control Act of 2011, will cut all Medicare graduate education funds by 2 percent, according to the American Academy of Family Physicians.

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The cuts, put in place yesterday, will most likely have the most impact on the primary care workforce, according to the AAFP. This will likely exacerbate the growing national shortage of primary care physicians.

Residency program funds will still be distributed at the discretion of hospitals and academic medical centers, according to the report.

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