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The ABPS, the official certifying body of the American Association of Physician Specialists (AAPS), is the United States' third largest recognized physician multi-specialty certifying body, providing physician board certification re-certification for thousands of physicians in following 20 medical specialties: [6]
The US Medical Licensing Examinations have received criticism due to their high cost. As of 2023, the USMLE charges (in U.S. dollars): $660 for Step 1 for US/Canada students (increasing to $670 in 2024), [40] $1,000 for International medical graduates (IMGs) [41]
Using simulation modeling of the entire American Board of Internal Medicine-certified workforce of US physicians, researchers from the University of California San Francisco and Stanford University estimated that the Feb 2015 version of American Board of Internal Medicine Maintenance of Certification would cost $5.7 billion over ten years ...
Administrative costs. About 25% of U.S. healthcare costs relate to administrative costs (e.g., billing and payment, as opposed to direct provision of services, supplies and medicine) versus 10-15% in other countries. For example, Duke University Hospital had 900 hospital beds but 1,300 billing clerks.
The American Board of Medical Specialties (ABMS) is a non-profit organization established in 1933 which represents 24 broad areas of specialty medicine.ABMS is the largest and most widely recognized physician-led specialty certification organization in the United States. [1]
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As of 2013, administration of healthcare constituted 30% of US healthcare costs. [141] Free-market advocates claim that the healthcare system is "dysfunctional" because the system of third-party payments from insurers removes the patient as a major participant in the financial and medical choices that affect costs.