Over the past few years, healthcare organizations such as
the Association of American Medical Colleges (AAMC), the American Academy of Family Practice (AAFP), and the United States Health Resources and Services Administration (HRSA) are projecting a deficit of up to 159,000 physicians by the year 2020. This shortage, in part, seems to be linked to the Medicare funding cap implemented in 1997. That year, the federal government placed a cap on Medicare funding of hospital residency programs, and since then the number of United States trained...