Thursday, February 02, 2012
Dr. Richard Armstrong, D4PC's COO, has written a new article that was published in
The Washington TImes. The article explains the history of the American Medical Association (AMA) and how the organization has evolved from one that once opposed the government takeover and control of healthcare in the 1960s to an organization that fully embraced government control in the form of ObamaCare in 2009 (the AMA's membership has declined from 70% of American doctors in the 1960s to 15% of doctors in the wake of the passage of ObamaCare).
The motive for the AMA's reversal, as Dr. Armstrong explains, is the government-granted monopoly to the AMA to control the Current Procedural Terminology (CPT) billing coding system that the government, private insurance and doctors must use for billing purposes. According to estimates, the AMA makes between $50 and $80 million per year from licensing fees and selling coding books and other materials.
The AMA actually collects more money from its CPT coding operations than it collects from its dues paying membership. Dr. Armstrong makes this point clear in his article: the AMA is in the business of protecting its CPT business, not in representing the interests of its member doctors. Despite the AMA's clear conflict of interest and its dwindling support from the medical profession, the AMA mislead the American people into thinking that it represented doctors when it endorsed ObamaCare.
Click
here, to read Dr. Armstrong's full article
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