How Revenue is Spent at the American Medical Association (AMA) 2019
The American Medical Association (AMA) is a non-profit 501 (c) (6) – a professional association and the largest association of physicians – whose primary purpose is to:
- publish the Journal of the American Medical Association (JAMA) – a peer reviewed medical journal that includes original research, reviews, and editorials of medicine;
- maintain a code of medical ethics,
- create and maintain physician data which is sometimes referred to as master files; and
- update and maintain medical classification codes (referred to as CPT codes) used by the government, medical practices, hospitals, and insurance companies in return for royalty fees.
How Revenue is Spent at the American Medical Association (AMA)
The American Medical Association (AMA) is a non-profit 501 (c) (6) – a professional association and the largest association of physicians – whose primary purpose is to:
- publish the Journal of the American Medical Association (JAMA) – a peer reviewed medical journal that includes original research, reviews, and editorials of medicine;
- maintain a code of medical ethics,
- create and maintain physician data which is sometimes referred to as master files; and
- update and maintain medical classification codes (referred to as CPT codes) used by the government, medical practices, hospitals, and insurance companies in return for royalty fees.
Although the AMA is a professional association, membership dues are surprisingly not a large source of revenue for the organization. There are about 1 million physicians in the US, but only about 215,000 belong to the AMA. Members pay about $400 annually although medical students and residents do not pay the annual fee. As such, dues account for a very small portion (about 12%) of the revenue stream for the AMA. Read more 
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