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 language | English (US) |
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Pages (from-to) | 317-323 |
Number of pages | 7 |
Journal | Health Care Manager |
Volume | 27 |
Issue number | 4 |
DOIs | |
State | Published - Oct 1 2008 |
Externally published | Yes |
Keywords
- Economic value
- Financial impact
- Physicians
- Risk reduction
ASJC Scopus subject areas
- Leadership and Management
- Health(social science)
- Health Policy
- Care Planning