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The Innovator's Prescription: A Disruptive Solution for Health Care by Jason D. Hwang, Jerome H. Grossman, Clayton Christensen

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Chapter 10The Future of Medical Education

America's medical education system is generally viewed as the best in the world. Despite the decline in physician salaries over the past 10 years1 and a corresponding increase in the bureaucratic oversight of health-care delivery, many of the brightest students in the world compete for the opportunity to enroll in one of America's 129 medical schools, with an average of two to three applicants for each of the 15,000 to 16,000 available seats.2 After investing four years to earn their medical degrees, these newly minted physicians move on to three to five additional years of residency training, where 24,000 positions await them.3 Those seeking careers as specialists then undergo one to five additional ...

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