Key Result Area 1

Financial health

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The AMA assists and supports members in maintaining their financial health. This includes negotiating with payers to ensure fair compensation, the provision of practice management services and the offering of financial products. Members in training are supported through a number of scholarships and bursaries.

Goal 1 Physicians are fairly compensated for their skills and training in comparison to other professionals

Priority activities

  1. Negotiate an agreement for the provision of insured services with government that is fair to physicians and provides value for patients; and restores physicians, through the AMA as an active partner in the health system.  
  1. Support members in local compensation discussions and through the provincial framework development including AHS-paid stipends, Physician on-call, contractual arrangements for Laboratory, DI and Cancer Care other physician AHS-contracted services.
  1. Support members in local clinical ARP discussions and through provincial framework development considering contractual, sessional, or capitation-based ARPs.
  1. Support academic physicians in the negotiation of the Academic Health Services Plan and the supporting Individual Services Agreement. 
  1. Support members that are affected by Bill 30 and contracting out of physician services.

Goal 2 Physicians’ practice management decisions are based on sound management advice and best practice

Priority activities

  1. Support appropriate member billing practices including:
    • Expand peer review activities including education and schedule modernization. 
    • Support sections in schedule modernization/improvement efforts.
    • Expand and improve virtual care codes and introduce a virtual care strategy that supports new (virtual) models of care.
    • Continue to develop tools like the fee navigator and billing training tools.
  1. Support members participating in or considering alternate compensation models including:
    • Clinical alternate relationship plans.
    • AMHSP arrangements.
    • Private contracting models enabled through recent legislation.
  1. Support physicians and sections that are impacted by unilateral fee changes and SOMB interpretation.

Goal 3 Reliable and best-in-class financial products are available to all members

Priority activities

  1. Enhance member insurance and wealth management offers by formalizing a regional financial services alliance with MD Financial and BNS. 
  1. Maximize AMA’s member health and dental benefit offerings under the new federal framework for Life and Health Trusts.  

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The AMA advances patient-centered, quality care by advocating for and supporting physician leadership and wellness.