AMA in the black; no '07 dues increase

NEWS IN BRIEF — Posted July 10, 2006

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In 2005, the AMA posted a $28.1 million operating profit, marking the sixth consecutive year that it has finished in the black.

That amount, which excludes nonrecurring and nonoperating items such as market gains or losses on investments, is 86% higher than the $15.1 million operating profit forecast for 2005. Better-than-expected business revenues and lower-than-expected business expenses contributed to the higher operating profit, according to the AMA's 2005 Annual Report presented at its Annual Meeting in June.

Also, last year was the first time in 10 years that the AMA saw an increase in the amount of money brought in through dues-paying members. The number of dues-paying members increased by 3,300. The AMA had 244,005 members at the end of 2005.

Delegates voted not to raise dues in 2007. Regular members will continue to pay $420 annually. Dues will stay at $315 for physicians in their second year of practice, $280 for military physicians, $210 for physicians in their first year of practice, $45 for residents and $20 for medical students.

Note: This item originally appeared at

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