111130 who should consider a pgy1 residency

Who Should Consider a Pharmacy Practice Residency?

Bruce E. Leavitt, PharmD, BCPSNovember 30, 2011

Overview

• Historical perspective • The why and how • Intermountain Healthcare

Aggregate Demand Index (ADI)

• June 2007, ADI was 4.13• July 2010, ADI was 3.37– Institutional practice 3.8– Community practice 2.85

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Bureau of Labor Statistics

• 267,860 employed pharmacists 2009• 177,720 (66.3%) retail or community• 67,850 (25.3%) health systems• 22,290 (8.3%) other positions

Am J Health-Syst Pharm. 2011;68:1542-9

Growth in Number of US Pharmacy Graduates

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ASHP Resident Matching Program

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Unmatched PGY1 Applicants

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Graduates of ASHP Residencies

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Why Should You Do a Residency?

• Applying knowledge and skills• Working with interdisciplinary teams• Unique opportunities• Creating your preferred learning track• Being mentored by the best in the business

www.ashp.org

What Will a Residency Do for You?

• Qualify for residency required positions• Flexibility and adaptability• Distinguishes you from other Pharmacists• Promotion• Mentorship• Networking• Leadership

www.ashp.org

How Long is a Residency?

• Typically 1 year

www.ashp.org

When Can I Do a Residency?

• Anytime, but most pharmacists participate during the first year after graduation

www.ashp.org

Do Residents Get Paid?

• Yes! • They receive a variable stipend, and often

receive healthcare and other benefits

www.ashp.org

What Will I Do During a Residency?

• Practice as a pharmacist• Complete a resident project• Precept students• Educational presentations• Teaching certificate• Many other opportunities

www.ashp.org

What is “The Match”?

• All accredited residency candidates must participate in ASHP’s Resident Matching Program (“The Match”), which pairs residents and appropriate residency programs.

www.ashp.org

What is the difference between a PGY1 (Post-Graduate Year 1) and a PGY2 (Post-Graduate Year 2) residency?

• PGY1 residencies provide training for “generalists” in health systems, manage care, or community settings.

• PGY2 residencies provide advanced training in a focused area of patient care.

www.ashp.org

I’m Considering a Residency. How do I Decide?

• Faculty• Pharmacists• Current residents• Fellow classmates

www.ashp.org

I’m Considering a Residency. How do I Decide?

• Before 3rd year:– Making a list of prospective sites to talk to during

your 3rd year– Visit the Residency Showcase at ASHP’s Midyear

Clinical Meeting

www.ashp.org

I’m Considering a Residency. How do I Decide?

• During 3rd year:– Attend ASHP’s Midyear Clinical Meeting– Visit the Residency Showcase– Line up and participate in interviews with a select

number of residency programs through ASHP’s Personnel Placement Service (PPS)

www.ashp.org

Suggested Timeline for 3rd Year

• September– Draft CV and cover letter

• October– Sign up for ASHP Midyear Clinical Meeting (

www.ashp.org)– Register for ASHP’s Personnel Placement Services

(PPS) (www.pps.ashp.org)

www.ashp.org

Suggested Timeline for 3rd Year

• November– Research programs– See ASHP online residency directory (

www.ashp.org)– Develop questions – Ask people to begin to write letters of

recommendation for applications– Sign up with National Matching Services (

www.natmatch.com/ashprmp)

www.ashp.org

Suggested Timeline for 3rd Year

• December– Attend ASHP’s Midyear Clinical Meeting– Participate in the Residency Showcase and PPS

• January– Applications due!

• February– Interview with sites that have extended an

invitation

www.ashp.org

Suggested Timeline for 3rd Year

• March– Early March: Turn in your ranking with National

Matching Service– Late March: Match with a site

• July– Begin residency!

www.ashp.org

Intermountain Healthcare PGY1 Residency Timeline

Qualities of a Good Candidate

• Passion• Attitude• Confidence

Intermountain Healthcare PGY1 Screening Criteria

• 12 categories• Ranking based on overall score• Continually looking for improvement in the

screening process

Thank you!