From a 200-bed community hospital to a regional academic center, Cape Fear Valley Health's transformation over the years has been truly remarkable. Our health system serves southeastern North Carolina residents stretched across seven counties with the help of eight hospitals, more than 60 primary and specialty clinics, and numerous outpatient facilities.
In 2017, Cape Fear Valley Health made a significant reinvestment into the community by launching five new medical residency programs. They were created through a partnership with Campbell University's Jerry M. Wallace School of Osteopathic Medicine. The programs started with 32 physician residents training in internal medicine, general surgery, emergency medicine, obstetrics and gynecology, as well as a transitional year program. In 2018, we added a psychiatry residency program.
More than 4,200 fourth-year medical students applied for 47 slots this year. This shows just how competitive entry is. The overwhelming interest allows Cape Fear Valley's medical residency program to choose top candidates.
Overall, the program has a total of 105 residents. As a result, Cape Fear Valley Medical Center has become a major teaching facility like its counterparts at Vidant, Duke University, University of North Carolina and Wake Forest University. The residency program will grow exponentially, eventually training up to 300 residents annually.
By 2030, North Carolina will need an additional...