Monday, July 01, 2019
MOC's Incredible Price Growth
The chart above by Mark J. Perry, a scholar at the American Enterprise Institute and professor of economics and finance at the University of Michigan's Flint campus, was recently published demonstrating the rise in healthcare prices in government services affected by bureaucratic regulatory capture (red) and those that were not so affected (blue).
Physicians are directly feeling the brunt of this economic effect with American Board of Internal Medicine's (ABIM) Maintenance of Certification (MOC).
The American College of Cardiology and the Heart Rhythm Society have thrown their support behind the ABIM's MOC product by offering a new, even MORE expensive product, the Collaborative Maintenance Pathway (CMP), that will raise the cost for MOC over 462% from 2000-2020:
Think about that.
I would encourage all of my colleagues to support our GoFundMe effort the end the regulatory capture of the ABIM by contributing whatever you can to the anti-trust and racketeering lawsuit against them.