Sizz,
With the 5 month paramedic program, as with any of the programs, it is going to come down to the quality of the students. But with an exaggerated effect. If you are 'green' and pound through one of the accelerated programs you are going to come out green, whereas a 2 year Assoc of Science program or nights/weekend program is going to give you opportunity to 'temper' a bit, perhaps working as a Basic.
The counter argument is of course how much experience as Basic contributes to your becoming a proficient Paramedic. It does some, but 10 years as an active Basic, a Paramedic does not make . . .
My first gig was in a hospital based service here in Iowa (1980's). One of our employees was a graduate of an accelerated program, she then headed off to California where she worked as a private Paramedic for a year and came back. OMG what a treat! But to say the issue was solely was her training in an accelerated program is as reliable as saying her deficiencies were created by her having worked in CA
or as medic with a private company.
My wife graduated from the same program in the 80's, worked 3rd party municipal for 18 years, jumped over to a fire medic service (at age 40 BTW - my wife is awesome!), flies for a helicopter service, is a CCP, has been appointed to the statewide board trying to straighten out the messed up scope of practice situation. So I ask, how did it turn out for her . . .
I went through a nights program over a year and a half. I worked full time as a Firefighter/EMT, but I was 19, a lousy, 'skate by on the minimum' student. Missed the max classes allowed, scheduled clinicals on slow nights etc. After I hit the ALS trucks I had to step it up, did a bunch of reading and extra education and in general worked my tail off to 'catch up' on some of the clinical/educational opportunities that I had skipped over.
It's the medic candidate that makes the final difference in the end.
Finally, at least one of the accelerated programs (the Univ. of Iowa's) has a good reputation. Their educators are top notch, you get lectures from first class surgeons and physicians, some of their clinical opportunities are very good. It's pricey and not the way I chose to go, but I certainly wouldn't consider it a paramedic 'mill'.
Good luck,