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The Efficiency of Medical Practices

The Efficiency of Medical Practices

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by James W. Moser, Ph.D.
As part of its annual survey of physicians, the American Medical Association?s Socioeconomic Monitoring System (SMS) collects information on total annual tax-deductible professional expenses per self-employed physician and the number of self-employed physicians in each practice. These data can be used to form some simple measures of the efficiency of practices by size of practice.