This may be first time I ever had to comment about the same topic the next day after Pat Conrad MD did the same one. I cannot let this go, however. His blog post was great. Please read it. The problem is that I can’t stop laughing, and crying, about this. Here is their announcement:
The American Board of Family Medicine (ABFM) and the ABFM Foundation are pleased to announce the establishment of the Center for Professionalism and Value in Health Care based in Washington, D.C.
Now you see why I named this blog above. Can you see the comparison to Zoolander?
The ABFM’s Center for Docs Who Can’t Practice Good and Want to Learn to Do Other Stuff Good Too
Ok, so that’s the funny part. Now the sad part. They are stealing our money from the MOC to basically form a beachhead to dictate health policy. This is so dirty that it is beyond the pale. They say in their PR announcement that the “ABFM Foundation has decided to make a strategic investment” into this. Investment? That is our money they are using as Dr. Wes Fisher has exposed!
For instance, while the public only has access to the ABFM’s tax forms to disclose the financial dealings of the organization, we quickly see that MOC continues to be a windfall for the ABFM. In fact, in 2014 MC-FM fees (the ABFM’s MOC program equivalent) contributed 46.4% ($12,776,905) of their $27,525,430 annual haul from ABFM diplomates. These fees helped support Dr. Puffer’s $803,687 annual compensation and the organizations’ $3,521,629 “donations” made to their “ABFM Foundation” and “Pisacano Leadership Foundation.” (In 2012 and 2013 these “donations” were even larger: $6,147,376 and $7,878,535 respectively). MOC also helped fund the ABFM Executive’s first class and companion air travel and their Directors’ first class air travel and a $1,449,525 retirement package with $435,000 in post-retirement medical benefits. No wonder MOC is such a great deal and needs to continue!
So, to summarize, the ABFM takes its profit and turns it over to the ABFM Foundation to make it look like they don’t make that much. It’s a legal way to LAUNDER money. Then the ABFM Foundation’s coffer swells so much they have to use this money and therefore form this “center” to lobby and dictate policy. I guarantee the first thing they do is make sure the MOC continues so their money train never stops:
The Center will seek to define value across the healthcare spectrum, reaching beyond medicine to engage the broader healthcare community as well as patients and families to consider what they believe professionalism and value mean, how to measure it, how to improve it, and how to engage and develop leaders.
How would you like to bet that “professionalism” to them means……..maintenance of certification?!
Please help stop this travesty. Donate to Dr. Wes GoFundMe page and let’s kill the MOC.