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Connecticut State Medical Society Economic Impact Analysis

Description
The Connecticut State Medical Society (CSMS) is a federation of eight component county medical associations, with a total membership exceeding 7,000 physicians. Throughout its existence, the mission has been to serve both physicians and their patients, the citizens of Connecticut. CSMS is a constituent state entity of the American Medical Association. They hired CERC in 2001, 2005 and 2011 to conduct economic analyses of the medical profession as well as an industry overview.

Issues
During each of CERC’s analyses, the Connecticut State Medical Society wanted a comprehensive analysis of the economic impacts Connecticut's physicians have on the state's economy. CSMS also needed these analyses to review the state data trends associated with health care and the medial community to quantify the effects of critical trends in health care services within the state of Connecticut. This analysis also needed to compare the trends in Connecticut with the region and the U.S. This information enabled them to focus their message and leverage the impact of that message toward the development of more appropriate state policies for their members.

Deliverables
CERC provided the CSMS with reports outlining the contribution of medical practitioners to the state economy including descriptions of the size of the industry in regards to sales, jobs, wages, state and local taxes. In addition, we provided a database of practitioners and medical offices/clinics that was cross-referenced to Connecticut State Legislative House and Senate districts.

Outcomes
The impact analysis presented the important contributions of the activities of physicians in Connecticut's economy using a number of different economic metrics. The broader economic analyses used interviews with active physicians, literature reviews and comprehensive data analysis to identify issues that are largely out of the control of the individual physicians that impact their ability to perform their services.  These issues included cost increases, including malpractice insurance, technology costs and other administrative requirements that require them to focus increasingly on management issues rather than patients. These analyses showed that challenges facing Connecticut’s physicians are apparent in the data and in some cases unique to the state. The aspects unique to Connecticut result from both public policies and the state’s economic structure. The Connecticut State Medical Society has been able to utilize these analyses in their legislative efforts.