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

Activities

1. Support the implementation of legislation to recognize the AMA’s representation rights for all physicians.

2. Negotiate on behalf of member groups for the provision of insured services. Examples include:

  • Represent physicians within and considering joining the AMHSP
  • AHS physician groups
  • Prepare for the next round of AMA Agreement negotiations

3. Renegotiate the WCB Agreement

Goal 2

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

Activities

1. Support appropriate member billing practices:

  • Implement a peer review process
  • Continue to develop tools like the fee navigator and billing training tools

2. Redesign of the AMA’s integrated change management programs to support member needs

3. Support members under AMHSP agreements and adapt AMA governance to better recognize AMHSP physician interests.

Goal 3

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

Activities

1. Assess the implication of the sale of MD Management to Scotia Bank

2. Continue to offer a full suite of quality insurance products.

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