$3.3M Awarded To Fund New Teaneck Hospital Residency Program

TEANECK, NJ — As New Jersey faces a shortage of primary care doctors, a Bergen County healthcare facility is creating a new residency program, thanks to $3.3 million from an omnibus appropriations bill signed into law by President Joe Biden.

New Jersey could see a shortage of at least 1,000 physicians by 2025, fueled in part by an aging workforce — about a third of the state's physicians are more than 60 years old, the third-highest in the nation, according to data from a federal health agency and a state trade association.

Amid the shortage, Holy Name Medical Center just received a multi-million-dollar appropriation to launch a graduate medical education program, with a goal to train 90 physicians per year.

Holy Name, in Teaneck, will train doctors in clinical specialties, including internal medicine, psychiatry, and general surgery, as part of the program, the funds for which will renovate 8,400 square feet of space and purchase needed equipment.

“There is nothing more important in healthcare right now than strengthening our future workforce," President and CEO of Holy Name Michael Maron said. “With New Jersey’s physician workforce facing significant pandemic-related retirements, this will be an important game-changer.”