FOR IMMEDIATE RELEASE Monday, March 27, 2006
Public Relations Strategist
American Academy of Family Physicians
(800) 274-2237 Ext. 5222
LEAWOOD, Kan. – After careful consideration of the business and financial implications, the TransforMED business operation recently transitioned from a for-profit subsidiary corporation to a division of the American Academy of Family Physicians (AAFP).The new structure will allow TransforMED to:
"The reorganization will allow TransforMED to devote 100 percent of its resources to helping family physicians transform their practices," said Terry McGeeney, M.D., president and CEO of TransforMED.Despite the change, TransforMED's mission remains unchanged – to provide ongoing consultation and support to primary care practices across the country looking to transform to the new model of care outlined in the Future of Family Medicine report. The company is moving forward as scheduled with a "proof-of-concept" National Demonstration Project, for which the pilot practices will be announced in early April of this year.The business entity will retain the TransforMED name and will continue to operate entrepreneurially.TransforMED's board of directors will be reconstituted as an advisory board to the business operation but, by action of the AAFP Board, will retain authority to provide guidance and oversight of TransforMED. Because the business will become a division of the AAFP, ultimate authority and responsibility for TransforMED will remain vested in the AAFP Board.
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Founded in 1947, the AAFP represents 120,900 physicians and medical students nationwide. It is the only medical society devoted solely to primary care.
Family physicians conduct approximately one in five office visits -- that’s 214 million visits annually -- 48 percent more than to the next most visited medical specialty. Today, family physicians provide more care for America’s underserved and rural populations than any other medical specialty. Family medicine’s cornerstone is an ongoing, personal patient-physician relationship focused on integrated care.
To learn more about the specialty of family medicine, the AAFP's positions on issues and clinical care, and for downloadable multi-media highlighting family medicine, visit www.aafp.org/media. For information about health care, health conditions and wellness, please visit the AAFP’s award-winning consumer website, www.FamilyDoctor.org(www.familydoctor.org).
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March 27, 2006