January 2001 AAOS Report
AAOS Board passes 2001 budget, seeks to reduce costs, increase revenues
The AAOS fiscal 2001 budget of $37.5 million in revenues and $37.9 million in expenses was approved by the Board of Directors, meeting in Chicago Dec. 8-9, 2000. The operating deficit will be funded using $740,000 of prior year reserves and $325,000 from investments. Along with the budget, presented by Douglas W. Jackson, MD, Finance Committee chairman and 1997 AAOS president, the board approved a number of recommendations to reduce costs and increase revenues in the future. Alan Morris, MD, chairman of the Council on Health Policy and Practice, reported that the National Consensus Conference on Improving the Delivery of Care to Hip Fracture Patients will be held May 3-4, 2001 in Washington, D.C. The objective is to build consensus among leading national organizations on current strengths and weaknesses in the delivery of care from hospital admission through a six-month episode of care of hip fracture patients, to develop a set of recommendations for policymakers and to develop an action plan to communicate the recommendations. David A. Halsey, MD, chairman of the Practice Management Product Team and chair-elect of the Board of Councilors, presented market research and planning efforts to develop practice management projects and products for the fellowship. These range from an expanded membership database, information on the AAOS homepage and a CPT coding assistance service. A business plan will be presented at the Board's meeting in February 2001. Joseph D. Zuckerman, MD, chairman of the Council on Education, discussed the development of an Education Planning Group to "allow for a streamlined approach to educational program and product discussions and decisions and that the council could be more readily able to work on concept issues as opposed to finances and logistics." Dr. Zuckerman and Robert Bucholz, MD, presented an overview on declining attendance at CME courses, caused primarily by the limited amount of available time physicians say they have to attend courses, the cost and competition from other CME sources The council received approval to collaborate with the industry while staying within the guidelines of the Accreditation Council for Graduate Medical Education and the AAOS code of ethics, with an agreement to "break even" in CME activities in three years. The AAOS board approved an Advisory Statement on "The Importance of Good Communication in the Physician-Patient Relationship" and position statements on "Smoking and the Musculoskeletal System," and on the "Use of Helmets in Skiing."