Physician Loans ProgramA small-scale program of loans to physicians in financial distress or hardship due to sickness or accident, or recovery from chemical dependency. This program is primarily facilitated through the OMA’s Physician Health Program (PHP).
- OMF will be the lender of last resort. Other sources of financing must be exhausted. OMF will not assist with debt consolidation.
- Applications are reviewed and approved by the Physician Loan’s Committee a sub-committee of the OMF Board of Governors.
Physician Emergency Assistance Fund
Funds available to Physicians seeking help through the OMA Physician Health Program (PHP) and for a number possible reasons, cannot pay for the cost of urgent treatment. This short-term fund will be capped at $750 per person and available only as a last resort, as administered and determined by PHP.