Access to Other Leaders in the Academic Medicine Community
The AAMC recognizes that the clinical mission is critical and has taken steps to bring together leaders of practice plans and other institutional leaders to support their efforts, and to find ways to transform their institutions to meet the challenges of providing health care as delivery and payment systems are changing. The GFP Annual Spring Meeting is held in conjunction with the Chief Medical Officers Group (CMOG) providing unique opportunities for networking and to explore issues of mutual concern.
On both the legislative and regulatory side, AAMC staff work to ensure that the voice of academic medicine is heard in Washington. Staff also keeps members updated about major legislative and regulatory initiatives through its weekly newsletter, Washington Highlights. In addition, members receive access to AAMC listservs that allow for important news and updates to be received directly. Webinars are also regularly held to inform and engage members in the latest regulatory items that affect faculty practice plans.
Physician Payment and Quality Reporting
The Centers for Medicare and Medicaid Services (CMS) seeks to transform how it reimburses providers to encourage high-value healthcare. Programs such as the Physician Quality Reporting System (PQRS) were created to encourage physicians to capture and report defined clinical quality measures. The Affordable Care Act (ACA) introduced additional programs, such as the Value Modifier (VM), which rewards physicians for providing quality and efficient healthcare services and penalized for poor performance. Physician payment will continue to evolve to encourage high quality, patient-centered care that meets the needs of a more integrated U.S. health care system.
Please visit the Patient Care section of the AAMC website for resources on physician payment and quality including AAMC webinars, analyses, presentations, and comment letters.
Executive Compensation Survey
The AAMC GFP Executive Compensation Survey assists faculty practice plans with understanding compensation and job descriptions for various senior executives employed by practice plans. The AAMC provides a copy of the report to respondents and other AAMC constituents.
Faculty Practice Solutions Center (FPSC)
The Vizient-AAMC Faculty Practice Solutions Center (FPSC) was created to help alleviate the burdensome nature of duplicative data collection and survey activities. It was designed to be a comprehensive resource for academic practice management benchmarking by having the best features of organizations' historical reporting initiatives and by expanding activity to meet critical gaps in the academic practice community's management data needs. FPSC includes data in the areas of physician clinical productivity, departmental financial and operational management, and the practice plan billing office.
GFP members receive Washington Highlights, the AAMC's weekly legislative and regulatory newsletter.