Each organization adopts a specific focus
The Orthopaedic Research and Education Foundation (OREF) and the OMeGA Medical Grant Association have reached an agreement on fellowship funding. To allocate funding for maximum impact, OREF will focus on supporting research, while OMeGA will focus on grants for graduate medical education (GME).
A new agenda
In 2012, OREF examined how it could allocate funding for maximum impact in its grant-making. The OREF Board of Trustees determined that refocusing the organization on research would best serve that purpose.
“OREF is transitioning to a new research agenda comprising three areas: investigator-driven, topic-driven, and donor-directed research,” OREF Board President Ramon Jimenez, MD, said. “By being more strategic in our support, OREF will be better positioned to elevate the practice of orthopaedics and improve patient care through research.”
“OREF is the only independent, surgeon-driven organization supporting research in the musculoskeletal area,” noted Thomas A. Einhorn, MD. “There is nothing more disappointing than when we are unable to fund worthy grant applications because we do not have the resources.”
OREF has committed to awarding its final education fellowship and residency grants for the 2013–2014 academic year. In line with its new focus on research, OREF will discontinue its Clinician Development Program. Grant-making operations at OREF will concentrate on supporting research, in line with OREF’s refocused priorities.
Since its founding in 1955, OREF has awarded more than $132 million in grants and awards for orthopaedic research and education. OREF has a wealth of experience in mentoring new researchers and supporting established researchers to answer the critical questions in orthopaedics and ultimately improve patient care.
Support for education
The cost of educating residents and fellows continues to escalate and the need for third-party support has never been greater. Focused solely on education, OMeGA renews its commitment to support orthopaedic fellowship and residency programs across all orthopaedic specialties.
“As the foundation whose sole purpose is to fund collaborative orthopaedic research, OREF will help ensure a steady influx of orthopaedic surgeons to conduct research,” said OMeGA Board President C. McCollister Evarts, MD. “As the funding vehicle for GME, OMeGA will make the most efficient use of resources and operate in the best interest of all orthopaedic specialties.”
OMeGA collaborates with academic programs, subspecialty societies and donors to respond to the needs of the profession. For instance, OMeGA’s fellowship grant schedule aligns with the fellowship match process to allow grant recipients to indicate funding on the match application. OMeGA’s electronic grant management system tracks applications and grants, and also delivers an ever-expanding database of educational trends and funding outcomes to help advance the profession.
OMeGA has awarded 256 fellowship grants in nine specialty categories and 120 residency grants in two categories over 13 grant cycles.
Residency/general education grant for the 2013–2014 academic year will be publicly announced by July 17. Fellowship grant recipients for the 2014–2015 academic year have been announced; grants were awarded to 64 fellowship programs.
“We support OMeGA’s efforts as the only independent organization that provides GME funding across all orthopaedic specialties,” said Dr. Jimenez.
“OREF will take up the flag as the foundation whose sole purpose is to fund collaborative orthopaedic research,” said Dr. Evarts.