Economic contributions of physicians-the financial impact on their community

Timothy Rotarius, Aaron Liberman, Antonio Trujillo

Research output: Contribution to journalArticlepeer-review

Abstract

This study quantifies the value that physicians bring to their local community. The physician's value is assessed in 3 economic arenas: as a major provider of health care services, as an employer, and as a generator of new jobs within the community. This is a descriptive report with data analyzed using internal documents, government statistics, research reports, and Medical Group Management Association data. The results indicate that approximately 1,800 physicians contribute $1.84 billion (or 10.8%) toward the $17 billion local economy. The conclusion is that attending physicians have a major impact on the economies in which they practice.

Original languageEnglish (US)
Pages (from-to)317-323
Number of pages7
JournalHealth Care Manager
Volume27
Issue number4
DOIs
StatePublished - Oct 1 2008
Externally publishedYes

Keywords

  • Economic value
  • Financial impact
  • Physicians
  • Risk reduction

ASJC Scopus subject areas

  • Leadership and Management
  • Health(social science)
  • Health Policy
  • Care Planning

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