Hi, I'm just finishing my graduate program this week and it depends what state you are in, but I would advise applying for both. In Vic, you only get to select 4 public hospitals to apply for but you are unlimited with the amount of private hospitals you can apply for. After a year, if the system you got isn't for you, its early enough in your career to change. I missed out on a first year grad offer because of Vic system, where a computer assigns jobs. I later got a position in a rural program (which also rotates through a regional hospital) and it has been very rewarding. Good luck!