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Physician Offices Means $241 M To NNY

THURSDAY, MARCH 11, 2010
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By REBECCA MADDEN

Johnson News Service

An estimated 213 physician practices throughout Jefferson, Lewis, St. Lawrence and Franklin counties pump an estimated $241 million into the local economy, according to a recent study undertaken by the Medical Society of the State of New York.

Developed by Specialized Analytics and Kavet, Rockler & Associates, Storrs, Conn., the study aims to show state legislators that the state can't afford to lose its doctors for health and economic reasons.

"We have a special model that analyzed how physicians influenced and drove the economy from a lot of different perspectives, not just how much we earn, but also with employees and how much they spend, how much industries are created, and you have to have someone to sell the drugs," said Lynda Lees Adams, the Medical Society's press coordinator.

Dr. Leah S. McCormack, the society's president-elect who has a dermatology practice in Queens, said the study looked at a number of factors including how many people were employed by an office, personal income generated, corporate sales and other areas.

"You pay your secretary a salary, you purchase your office products, your secretary goes out and goes to a movie and restaurant, so all of this money trickles out," Dr. McCormack said. "(Physician) offices are small businesses, and as such there's an economic impact, but this study really showed us what a great impact the doctor offices have. What surprised us was the extent."

According to the study:

■ An estimated 81 physician practices in Jefferson County produce $133 million through 1,009 physicians and staff members.

■ An estimated 85 physician practices in St. Lawrence County produce $57 million by employing 458 physicians and staff members.

■ An estimated 36 physician practices with 406 physicians and staff members in Franklin County generate $44 million.

■ In Lewis County, an estimated 11 physician practices add $6.8 million into the county's economy via 52 physicians and staff members.

When broken down further, the study showed that the average economic impact for each private practice physician's office was $1.6 million in Jefferson County, $1.2 million for Franklin County, $616,000 in Lewis County, and $671,000 in St. Lawrence County.

This is the first time the state Medical Society initiated such a study, Ms. Adams said, which was used Tuesday in Albany on Physician Advocacy Day to lobby for medical liability reform, collective negotiation with health insurers, Medicaid reform, expansion of the Doctors Across New York Program, surcharge of payors, and excise taxes on cigarettes and sugary drinks.

Dr. McCormack said physicians lobby for those items because if doctor practices can't survive in the state, they'll look for employment elsewhere.

"Patients have the ears of the legislators, and the patients need to become involved in the political process, and tell their local assembly person, their local state senator, they need to have physicians and their physicians need to be compensated adequately," Dr. McCormack said.

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