AMA 2010 Annual Report Shows 11th Straight Year of Operating Profits to Help Move Medicine Forward
For immediate release:
May 20, 2011
CHICAGO – The American Medical Association (AMA) today released its 2010 Annual Report titled “Moving Medicine Forward.” The report highlights AMA accomplishments for physicians and patients in 2010 and provides a detailed look at the fiscal health of the organization.
“The AMA is pleased to report that in spite of a challenging fiscal year across the country, in 2010 we achieved an operating profit of $23.9 million, allowing us to continue advocating for policies and providing programs, products and support that help move medicine forward,” said AMA President Cecil B. Wilson, M.D.
Efforts highlighted in the report include the AMA’s work to guide the evolution of patient care and public health and provide physicians with the resources and support they need to run a medical practice and do what they do best – care for patients.
“While physicians continued their vital work to help patients directly, the AMA led efforts to advance legislation, revolutionize medical education, improve technology, promote wellness and more,” said Dr. Wilson. “Some of the AMA’s work in 2010 included helping physicians navigate the Affordable Care Act, securing a one-year delay of the looming 25 percent Medicare cut and introducing the AMAGINE portal to help physician practices adopt health information technology.”
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American Medical Association