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In response to:

The Schizophrenia of the AMA

rarmstrong153 Wrote: Jun 19, 2012 7:45 PM
In response to the AMA comment, it is true that the CPT income does not come from the taxpayers, which is irrelevant. The fact is that the AMA signed a contract with HCFA(now CMS) in 1983 to provide the CPT coding system which has become a monopoly. The income is from licensing fees and the sale of CPT materials. The income is in the range of $70 to 100 million per year. The AMA also makes a sizable amount(millions) from selling physician's prescribing information to the pharmaceutical industry. The fact is, that they represent less than 10% of actively practicing American physicians, and from a financial standpoint, they don't need members. This is tragic. Pre-1965 they represented 70% of physicians. How very sad!
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