No summer research- Am I screwed?

Hey guys, I'm an M1 at a mid-tier MD school. I just found out that I didn't get a position in my school's summer research program. This means I have nothing to do this summer. Is this really bad? My grades are meh, my school is P/F so I've been satisfied just with passing. As of now I'm aiming for emergency medicine. Will I still have a chance? My understanding is that research isn't very important for EM and that doing well on step is what primarily matters. And does anyone have any... No summer research- Am I screwed?
Source: Student Doctor Network - Category: Universities & Medical Training Authors: Source Type: forums