To receive a Graduate Medical Education grant or formula distribution, an institution or other entity must incur the costs of faculty supervision and education or the stipend costs of resident physicians in accredited clinical residency training programs in this state. The board will consider the costs incurred by medical schools or other entities to support faculty responsible for the education or supervision of resident physicians. Entities eligible to receive funds under this section include the state's eight medical schools, licensed teaching hospitals, or non-profit corporations operating a nationally accredited allopathic or osteopathic residency program. Entities seeking funding under this provision must at a minimum annually:

1. (1) Provide evidence that the residency program is accredited by the Accreditation Council on Graduate Medical Education (ACGME) or the American Osteopathic Association (AOA);
2. (2) Meet the criteria and financial reporting guidelines for a Graduate Medical Education grant or formula distribution as determined by the Advisory Committee; and
3. (3) Provide evidence that the residency program intends to provide continuing operational financial support.

Source Note:The provisions of this §13.83 adopted to be effective February 26, 1998, 23 TexReg 1567.