6. Aggregate Demand Index (ADI)
• June 2007, ADI was 4.13
• July 2010, ADI was 3.37
– Institutional practice 3.8
– Community practice 2.85
Am J Health-Syst Pharm. 2011;68:1542-9
7. 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
8. Growth in Number of
US Pharmacy Graduates
Am J Health-Syst Pharm. 2011;68:1542-9
11. Graduates of ASHP Residencies
Am J Health-Syst Pharm. 2011;68:1542-9
12. 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
13. 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
14. How Long is a Residency?
• Typically 1 year
www.ashp.org
15. When Can I Do a Residency?
• Anytime, but most pharmacists participate
during the first year after graduation
www.ashp.org
16. Do Residents Get Paid?
• Yes!
• They receive a variable stipend, and often
receive healthcare and other benefits
www.ashp.org
17. 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
18. 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
19. 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
20. I’m Considering a Residency.
How do I Decide?
• Faculty
• Pharmacists
• Current residents
• Fellow classmates
www.ashp.org
21. 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
22. 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
23. 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
24. 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
25. 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
26. 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
28. Qualities of a Good Candidate
• Passion
• Attitude
• Confidence
29. Intermountain Healthcare PGY1
Screening Criteria
• 12 categories
• Ranking based on overall score
• Continually looking for improvement in the
screening process
