If no other good has come of Obamacare, its passage has triggered a country-wide blossoming of freedom-oriented medical practices. To minimize the time and money costs of complying with an avalanche of ACA regulatory controls, doctors are turning to new practice models. Independent-minded doctors are constructing cost-effective ways to provide quality care while staying true to their Hippocratic oath to serve their patients’ best interests, not government or third party bureaucrats. We think this is cause for great hope.
This year, the Free Market Medical Association (FMMA) is hosting its first annual conference with the theme: “How to practice free market medicine, and how to use free market care to save money and get better results.” Attendees will learn from the best how to practice successful, truly patient-centered medicine, and how voluntary exchange saves money while improving quality. It’s win-win for doctors
and patients. Held in Oklahoma City, OK on September 26th-27th. The keynote speaker is Dr. Keith Smith (of Surgery Center of Oklahoma fame), with Jay Kempton, FMMA founding member offering opening remarks. For more information or to register, click here.
Eight BRI Student Leaders will attend this conference on BRI scholarships. They are: Smeet Bhimani (Rowan), John Grimsley and John Karalis (Georgetown), Morgan Kohls (Ohio University), Nic Miller (Ohio State University), Jared Rhoads (Dartmouth), Kristy Hawley (George Washington University), and Sameer Lakha (Icahn).
These free market medical models are variously known as direct pay care, cash-based practices, concierge care, and hybrids of these and other models. Doctors tailor their businesses (practices) to fit the needs of their local clientele. Yet, transitioning to and working from these avant-garde models is not only new for doctors, but also often new and unfamiliar to patients. The Free Market Medical Association (FMMA) arose from the need to bring together entrepreneurial and courageous doctors and the patients who seek them.
The Free Market Medical Association’s goal is to unite and amplify the benefits of free market healthcare. Executive Director Charlie Sauer gave this insight into FMMA’s genesis. He and Keith Smith were both speaking at an event in 2012, where Sauer was to deliver a speech right after Smith. “Keith told the audience that I was going to talk about changing healthcare policy on Capitol Hill. Then he told them how what he was doing was going to transform healthcare faster and better.” While Sauer was amused by the timing of Smith’s prediction — right before his own speech — he later had to admit Smith was right. “Healthcare policy in DC was getting steadily worse, and no one — not Republicans, not Democrats — would or could do anything to improve it. I look over at Keith, and his practice has grown exponentially. And now there’s the second wave of others following his lead.”
FMMA’s goal is to bring together “islands of excellence,” those entities that emerge where free market has free range. Says Sauer, “Although in the information age there really are no ‘islands,’ our role is uniting those who are looking for each other. I think of us as a singles bar for healthcare.” One neat feature of their website is a map that identifies patients, doctors, employers and facilities that offer or are looking for some aspect of free market medicine, and is designed to simplify connecting them. It also gives information to business owners on novel ways to provide quality, affordable healthcare to their employees. Uniting these connections will accelerate the free market healthcare revolution’s growth and spread.
So, don’t lose heart. The ACA doesn’t have to mean the demise of excellence in American medicine. We are inventive, ingenious, and persistent. When confronted with a challenge, we rise to overcome it and often create a better situation than existed before. Please visit Free Market Medical Association and find yourself on the map, whether you are a provider, patient, or business. See what the free market can do for you.