AMA study: doctors contribute $14.7 billion to Indiana’s economy
What have you done for me lately? Office-based doctors contributed $14.7 billion to Indiana’s economy and supported 66,409 employees in 2009.
The American Medical Association and independent researchers The Lewin Group reported these statistics from a new study.
Office-based physicians in Indiana paid $9.6 billion in wages and benefits, and $581.4 million in taxes.
“Most people don’t think of physician practices as small businesses. As such, they contribute greatly to the economic vitality of our local communities and state,” Brent Mohr, M.D., Indiana State Medical Association president, says.
Office-based physicians almost always generate more for state economies than hospitals, law firms, nursing homes and home health organizations.
To read more about the report, visit the American Medical Association.
Your office-based doctors face a 22-25 percent cut in Medicare reimbursement unless Congress acts to permanently correct a flawed formula that determines these rates.
To keep your office-based physicians, please make your voice heard.
Let your representative know how you feel.
Robert W. Ferguson, D.C., has been diagnosing and treating Central Indiana patients with musculoskeletal system conditions since 1991.
