President's Corner
(To see a list of Chicago Medical Society Presidents, past and present, click here.)
Message from the President
(from the Chicago Medical Magazine)
September 2023
Making Sense of Today’s Practice World
AFTER SEEING pay and income drop during the pandemic, compensation is back to
its pre-pandemic levels for specialists and primary care professionals. Despite this, the pay increases of 2022 and earlier this year, in many cases did not keep up with general inflation, aside from the salaries of physicians just starting out as specialists. In fact, pay increases for primary care physicians and specialists were generally one-third to one-half of the inflation rate heading into 2023.
This trend is borne out by various surveys from MGMA and AMN Healthcare Physician Solutions. Our September feature starting on page 20 tells you what you need to know about these salary surveys and trends.
August 2023
Easing the Way to VBC through the EHR
VALUE-BASED care promises to change the way medicine is practiced, the way doctors get paid, and the technology doctors rely on to treat patients.
VBC has the dual goals of better managing patients’ chronic conditions while reducing unnecessary care, duplication of services, and waste.
Yet to reap the promise, clinicians will need more from their EHRs than ever before: robust functionality that can navigate clinical care plans, transmit data to pharmacies and care partners, and ensure patients are meeting their healthcare goals and trending in the right direction.
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