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A residency is an organized, directed postgraduate training program in a defined area of pharmacy practice. It exists to provide knowledge, experience, and skills to function as a competent practitioner.
Residencies are divided into post-graduate year 1 (PGY1) programs or post-graduate year 2 (PGY2) programs.
A PGY1 residency (previously termed Pharmacy Practice Residency) offers generalized training in a variety of practice settings. The major outcomes of a PGY1 residency include:
manage and improve the medication use process
provide evidence-based, patient centered medication therapy management with interdisciplinary teams
exercise management and practice leadership skills
demonstrate project leadership skills
provide medication and practice based education/training
utilize medical informatics
other "elective" outcomes
A PGY2 residency (previously termed Specialty Residency) offers more focused training in a specific area of pharmacy practice. Persons looking to complete a PGY2 residency should have completed a PGY1 residency or equivalent experience (3-5 years of practice). The major outcomes of a PGY2 residency include are specific to the area of practice, but will:
build upon what was learned in the PGY1 experience
apply skills learned in the PGY1 experience to a specific patient