Between 1997 and 1998, investigators at the University of Pennsylvania Medical Center, Philadelphia, carried out a study exploring whether physician participation in shaping corporate policy in for-profit managed care companies has a positive impact on patient care.
Among the preliminary findings reported to RWJF:
- Of the 21 companies, 17 have at least one physician on their board of directors.
- Among the nine companies that provided data on the presence of physicians among upper-level management, five had physician board members who doubled as senior executives, such as a senior vice president or a corporate medical director.
- In five companies, a physician served as chief executive officer.
The Robert Wood Johnson Foundation (RWJF) supported the project with a grant of $25,007 between March 1997 and March 1998.