2014 ACCME Annual Report Analysis

The ACCME 2014 Annual Report data released on July 7th, 2015, shows growth in total CME income and non-physician participants at activities, while physician participation at activities was down slightly. Supporting the concept of the healthcare team approach to medicine, three year trend data shows that the number of physician participants has increased by 1% while the number of non-physician participants at CME has increased by 12% since 2012.

2014 Stats

  • Total combined physician and non-physician participation at CME activities increased by 2%, however total physician participation fell by approximately 1%.
  • Total commercial support contributions rose by 2.4% to an estimated $675 million
  • Income from advertising and exhibits rose from $339 million in 2013 to $354 million in 2014, a 4% increase.
  • Total annual income for CME increased by $124 million (4.7%) between 2013-2014
  • 6% decrease in “other income” (e.g., budget allocations from company departments, participant registration fees, etc.)
  • Of the total attendance at CME activities, 54% of attendees were physicians and 46% were non-physicians

CME Costs Per Physician

Provider Type Avg. # of Physicians Per Activity Avg. Exp.$ Per Activity Avg. Exp.$ Per Physician
School of Medicine 107 $11,869 $110
Publishing/ Education Company 154 $21,849 $141
Physician Membership Organization 112 $25,787 $229

 

3-Year Trend Data

Year Total $ Expense Other Income as % of Total Income Advertising & Exhibits as % of Total Income Industry Grant $ as % of Total Income Total # Physician Participants Total # Non-Physician Participants
2012 $1,933,425,096 59% 13% 27% 14,398,205 10,207,237
2013 $1,949,595,213 60% 13% 26% 13,764,896 10,929,217
2014 $2,014,716,684 61% 13% 25% 13,599,687 11,587,518

For a full copy of the report, please refer to the ACCME’s website. If you have any questions please contact us here today.

Posted on July 15, 2015 pm31 4:04 pm

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