ASHP Foundation Continues to Support Pharmacy Residency Training by Increasing Available Residency Positions
Published on May 26, 2017
Well-trained pharmacists are of vital importance to the entire healthcare system and while pharmacy residencies help produce skilled pharmacy practice leaders, demand for residency training outpaces available opportunities. There are more than 2,200 residency programs in the United States with approximately 4,586 positions available. This year, 4,501 individuals matched, but more than 1,500 were unable to obtain a training spot because of the shortage of pharmacy residency positions and funding. This shortage denies pharmacists the opportunities and experiences that would better prepare them for work in acute and ambulatory settings. The ASHP Foundation established the Pharmacy Residency Expansion Grant Program in 2011 to combat this shortage. This year, the ASHP Foundation awarded $275,000 in grants to 11 institutions for use in establishing additional pharmacy residency positions. Since its inception, the program has awarded more than $3.2 million to 88 institutions total.
The program is supported by educational donations from AbbVie, Amgen, Inc., Merck, as well as donations from other ASHP Foundation corporate sponsors and gifts from individuals made in memory of former ASHP Director of Accreditation Services Janet Teeters. (To see a list of these generous donors, please visit www.ashpfoundation.org/pegprogram.)
Residencies prepare pharmacists to be practice leaders and are a key practice advancement strategy for institutions. "You really do not know what receiving the expansion grant means until you see the person who received it on graduation day," said Joanne S. Heil, Pharm.D., BCPS, director of the PGY1 Pharmacy Residency Program at Thomas Jefferson University Hospital, which received a grant in 2014. "You originally think, 'Okay, another resident.' Then, you evaluate their progress throughout the year, and you see how they have grown and matured professionally and personally. You then realize that you would not have had the opportunity to have an impact on this person's career, nor they yours, if you had not received the grant. This is a great thing the Foundation does for the welfare of resident training."
"Today, the healthcare system is facing increasingly complex challenges," said Stephen J. Allen, ASHP Foundation CEO. "Residency training helps new pharmacists develop the necessary clinical and leadership skills to become active members of interdisciplinary teams. Investing in pharmacy residency training is investing in the future of the profession, and we are grateful for the generous support of AbbVie, Amgen, Merck and the host of other healthcare corporations and individuals who help make this program a reality."
The recipients of the 2017 Pharmacy Residency Expansion Grants include:
Philadelphia College of Pharmacy: University of the Sciences
PGY2 Critical Care Residency
Residency Program Director: Angela L. Bingham, PharmD
Director of Pharmacy: Cathy Poon, PharmD