2018 Economic Impact Study

2018 Economic Impact Study – New Mexico Physicians Boost State’s Economy

New study demonstrates that physicians support 47,688, generate $8.0 billion in economic activity

Physicians add opportunity, growth and prosperity to the New Mexico’s economy by creating 47,688 jobs and generating $8.0 billion in economic activity, according to a new report, “The Economic Impact of Physicians in New Mexico” released today by the New Mexico Medical Society and the American Medical Association.

The study quantifies the economic boost that 4,184 New Mexico active patient care physicians provide to the state’s economy, producing a ripple effect that is felt statewide. The study measures physicians’ impact using four key economic indicators:

1. Jobs

Physicians support 47,688 jobs in New Mexico — 11.4 for each physician on average.

2. Economic Activity

Economic Activity

Physicians generate $8.0 billion in economic output, comprising 8.6 percent of the New Mexico economy. Each physician generates $1.9 million for the state economy on average.

Wages and benefits

Physicians contribute $3.9 billion in total wages and benefits paid to workers across New Mexico, empowering a high-quality, sustainable workforce. Each physician contributes $929,205 to workers’ wages and benefits on average.

State and local tax revenue

Physicians’ contribution to the New Mexico economy generates $316.4 million in state and local tax revenue for their communities—translating to $75,625 for each physician on average—enabling community investments to be made.

“The positive impact of physicians extends beyond safeguarding the health and welfare of their patients,” said AMA President David O. Barbe, M.D., M.H.A. “The Economic Impact Study illustrates that physicians are woven into their local communities and have a vital role in fueling state economies by creating jobs, purchasing goods and services, and supporting public services through the tax revenue they generate.”

Economic Impact of Physicians in New Mexico

The report found that every dollar applied to physician services in New Mexico supports an additional $1.80 in other business activity. An additional 6.143 jobs, above and beyond the clinical and administrative personnel that work inside the physician practices, are supported for each one million dollars of revenue generated by a physician’s practice. In addition, New Mexico physicians generate more economic output, produce more jobs and pay more in wages and benefits than higher education, nursing and community care facilities, legal services, and home health.

Across the country physicians add $2.3 trillion to the U.S. economy, support more than 12.6 million jobs nationwide, contribute $1 trillion in total wages and benefits paid to U.S. workers, and generate $92.9 billion in state and local tax revenue.

To view the full report and an interactive map, please visit PhysiciansEconomicImpact.org.

New Mexico Orthopaedics

NMOA Surgeon Leads Team Providing Joint Replacements for Adults Living with Arthritis

Joshua Carothers, MD

Dr. Joshua Carothers, a surgeon with New Mexico Orthopaedic Associates (NMOA), recently returned from a mission trip to Honduras with a team of Albuquerque healthcare providers. The team arrived in Honduras on September 28 and in three days they performed fifteen (15) joint replacement surgeries for sixteen (16) adults living with debilitating arthritis.

Working with Dr. Carothers was NMOA physician assistant Tyler Jefferson, Lovelace Hospital nurse Amber Dobbins, and a representative of the orthopaedic device company Depuy, who donated the joint replacement hardware. The local caregivers donated their time and surgical expertise.

The Albuquerque team joined up with other medical professionals who were also volunteering their time and skills as part of a mission trip with Operation Walk based in Denver, Colorado.  About fifty-five surgeons, physicians’ assistants, nurses, physical therapists, anesthesiologists, representatives from orthopaedic implant companies and medical doctors participated in the 2017 mission trip from September 29 – October 1. Altogether, the mission team provided 60 new joints to people that would otherwise never have the means to have their severe arthritis treated.

Altogether, the mission team provided 60 new joints to people that would otherwise never have the means to have their severe arthritis treated.

“We bring everything from the IV that the patients get when they enter the hospital to the bandage and home aids that they go home with including all the implants and instruments” said NMOA surgeon Joshua Carothers, M. D. “In addition to providing surgeries”, said Dr Carothers, “we spend time training the local doctors, nurses, and therapists.”

Operation Walk is a not-for-profit volunteer medical services organization that provides free surgical treatments for patients in developing countries and in the United States who suffer from debilitating bone and joint conditions, such as arthritis, and do not have access to medical care. Founded in 1994, Operation Walk teams have operated on hundreds of patients in Russia, Cuba, Nepal, China, the Philippines, Peru, Nicaragua, Mexico and the United States. Over 6,000 patients have received new knees and hips through the International Operation Walk organization since 1994.

Dr. Carothers, P.A. Tyler Jefferson, and nurse gave this patient a new knee on September 30, 2017.
Her daughter was glad to see new hope for her mother after watching her live for years with debilitating arthritis

“The intense, never-ending pain endured by the patients we treat makes conducting normal, productive lives difficult to impossible. Because of their inability to walk and provide for themselves, many lose their jobs, their families, and the ability to experience the basic joys of life. It’s a great feeling to be there and give a new beginning to people who do not have access to this kind of healthcare where they live.”

The week-long mission trips are designed to restore the gift of walking to as many people as possible, typically more than fifty patients while educating local healthcare workers in advanced surgical and rehabilitation procedures. “I have been working and traveling with the group to Panama and Honduras over the last 6 years,” said Dr. Carothers “and have been really proud to bring a team from Albuquerque that represents our city so well”.

About Dr. Carothers

NMOA surgeon Joshua Carothers focuses on total knee and hip replacements at the New Mexico Center for Joint Replacement Surgery, one of the Centers of Excellence at New Mexico Orthopaedic Associates. His Medical Degree is from the University Of Cincinnati College Of Medicine in 2002, where he graduated first in his class. He completed a five-year residency in orthopaedic surgery at Duke University Medical Center in 2007 and an adult reconstruction fellowship with Colorado Joint Replacement in Denver in 2008.

New Mexico Orthopaedic Associates                                                  

The independent physician group concentrates on the diagnosis and treatment of musculoskeletal injuries and degenerative conditions. NMOA includes more than 30 physicians who provide both surgical and non-surgical treatment options for patients. The group’s comprehensive care model integrates the diagnosis, treatment, and rehabilitation of orthopaedic, sports medicine and spine care within one practice. NMOA offers patients a choice of two clinic locations in Albuquerque and Rio Rancho. NMOA provides surgery in a physician-owned surgery center, physical and occupational therapy, X-ray and MRI, Quick Care Clinics and workplace injury care. NMOA has been serving patients for over thirty years.

New Mexico Orthopaedics

New Mexico Orthopaedics Opens After Hours Clinic

New Mexico Orthopaedics Associates (NMOA) has opened an After Hours Clinic at their Albuquerque Downtown location. Service is provided by an “Ortho Injury Care Team” Monday through Thursday from 5:00 pm to 8:00 pm.

Rafael GarciaThe Ortho Injury Care Team treats patients with unexpected injuries such as strains, sprains, minor dislocations, fractures, and sports injuries. The team includes a certified physician’s assistant, casting and X-ray professionals, and an orthopaedic surgeon. The new After Hours Clinic will allow adults and children with unexpected orthopaedic injuries to be seen by a trained team of orthopaedic medical professionals, without going to an Emergency Room or an Urgent Care center.

According to NMOA President Dr. Jeffery Racca, M.D., “The new After Hours Clinic will be a great resource for our community. We’re going beyond services provided at a traditional urgent care center by offering care from an orthopaedic surgeon who is on-site while the After Hours Clinic is open.”

Racca went onto explain that “The NMOA surgeon on duty during the After Hours Clinic will also be seeing patients for regular clinic appointments. The extended clinic hours will create more convenient times for new and established patients to be seen for consultations, evaluations and follow up appointments outside of the traditional 8 am to 5 pm clinic schedule.”

Micah Benson at New Mexico Orthopaedics“Altogether, said Racca, “this new clinic supports our goal of bringing orthopaedic professionals to our community at patient- convenient times and locations, as we continue to advance orthopaedic excellence for New Mexicans.”

After Hours Clinic patients that need follow up such as surgery or physical therapy also have the option for treatment at the NMOA surgery center or one of four NMOA physical therapy locations, so that their entire case can be coordinated within one practice.

Founded in 1987, New Mexico Orthopaedics is an independent physician group that concentrates solely on the diagnosis and treatment of musculoskeletal injuries and degenerative conditions. The most qualified and highly trained muscular skeletal specialists provide both surgical and non-surgical treatment options for patients. The group’s comprehensive care model integrates the diagnosis, treatment and rehabilitation of orthopaedics, sports medicine and spine care within in one practice. Patients have a choice of several care locations; in Albuquerque with a downtown clinic and surgery center, and three separate physical therapy locations as well as a new physician clinic with physical therapy at the NMOA Rio Rancho location.

Dr. Michael Archibeck Featured in Albquerque 13th Annual Top Doc Issue

The 13th Annual Top Docs Issue

For this, our 13th year, we asked Albuquerque-area doctors one simple question: “If you had to refer a loved one to a doctor other than yourself, to whom would you refer them?” This month, we share the results of our annual Top Docs survey and unveil this year’s winners.

For this years Orthopedic category we’re featuring New Mexico Orthopaedics’ Dr. Michael Archibeck.

Kelly Rivera, Registered Nurse First Assistant

Michael Archibeck, MDName one part of the office environment that says the most about Dr. Archibeck.
The practice runs like a well-oiled machine. We each know our expectations and work well together to help our patients.

What is the No. 1 health tip for those as busy as you are?
Eat a hearty breakfast!

How do Dr. Archibeck and your team try to create a great patient experience?
There is an ongoing effort to fix what isn’t working to ensure clinic appointments run on time and patients have optimal outcomes. Dr. Archibeck makes us feel like we are all on the same team working towards the same goal.

In your opinion, what makes Dr. Archibeck a Top Doc?
A good doctor is someone that has a good reputation within the medical community and among his patients. A Top Doc has the respect of the people that work closest with him. It is an honor to be a part of Dr. Archibeck’s team.

Angela Roybal, Medical Assistant

How do Dr. Archibeck and your team try to create a great patient experience?
I feel that our team works well together and we all have the patient’s best interests in mind and work toward making things easy and comfortable for the patients.

How do you ensure your organization delivers the best care, for every patient, every time?
I do my part to make sure our patients feel confident and comfortable with their care by being available for them when they have questions, by getting back to them in a timely manner, and by making sure they get their questions answered.

In your opinion, what makes Dr. Archibeck a Top Doc? Dr. Archibeck is a kind and compassionate person and a great surgeon.

Dean Showalter, Certified Physician Assistant

How long have you worked with Dr. Archibeck?
16 years.

What is your favorite part of coming to work every day?
Seeing the difference in patients before and after surgery.

In your opinion, what makes Dr. Archibeck a Top Doc?
Dr. Archibeck is an incredible surgeon. He makes everyone around him strive for excellence.

New Mexico Orthopaedics would like to congratulate Dr. Michael Archibeck!

Cotton Candy Machines May Hold The Answer For Building Artificial Organs

Article Featured on FORBES | By Robert Glatter

It’s been said that innovation often happens when you least expect it.

And sometimes, a discovery is staring right at you—but you just have to take a deeper look to appreciate it.

In this case, the machine that makes one of the most popular carnival treats–cotton candy–may hold the key to building and sustaining microfiber networks, the complex network of capillaries that are integral for supplying oxygen and removing waste from vital organs such as the kidney and liver.

Leon Bellan, an assistant professor of mechanical engineering at Vanderbilt, set out to solve the problem of building an artificial framework of blood vessels to support vital organs and in the process figured out that a cotton candy machine was ideal because the threads of the sugary confection provide an ideal thickness that simulates a human capillary.

Building a Viable Blood Supply: The Holy Grail

But constructing such a network of capillaries to nourish the thick tissue of a solid organ (kidney or liver or bone) has been an ongoing challenge, and a major barrier for realizing the coveted rewards of artificial organs. The highly vascular network is akin to a living and breathing organ with a high metabolic requirement that is not unlike supporting a miniature planet.

 In fact, 3D printing as an approach to building a capillary network was reported last year using so-called “bioinks” of varying consistency to lay down a matrix in which small blood vessels close to the size of capillaries would be capable of nourishing small tissue beds.

The 3D Advantage

Bellan’s long-term goal has been to produce 3D templates of such microfiber networks that are suitable to support the nutritional and vascular requirements of major organs in the body. Achieving a 2D network is just not sustainable from a physiologic standpoint.

And the reward is far-reaching: If you can reliably produce intricate 3D microfiber networks, then you can sustain artificially constructed or lab-grown organs for long periods of time, bridging the gap before such a transplant is done.

In fact, Bellan and his research team report a remarkable advance—creating a 3D microfluidic network able to maintain living cells viable and healthy for one week outside the body–using this unconventional approach applied from a simple cotton candy machine. This represents a significant advance in longevity over more traditional methods currently under study.

His team’s research was published February 4 in the Advanced Healthcare Materials Journal.

“Some people in the field think this approach is a little crazy,” said Bellan, “But now we’ve shown we can use this simple technique to make microfluidic networks that mimic the three-dimensional capillary system in the human body in a cell-friendly fashion. Generally, it’s not that difficult to make two-dimensional networks, but adding the third dimension is much harder; with this approach, we can make our system as three-dimensional as we like.

Water- based gels, known as hydrogels, have been the main focus and approach to tissue engineering as a vascular network to nourish and support 3D organs. Similar to hair gels, they allow the diffusion and movement of molecules in and out of the tiny capillaries, and have properties that are ideal for an extracellular matrix (ECM), the substance of the underlying capillary beds.

While such hydrogels can support diffusion throughout the ECM, it’s quite limited because oxygen, nutrients and other waste products can only travel so far. Having the cells close together, less than the width of a human hair, allows for the diffusion or movement of such compounds and promotes a functional environment.

Keeping engineered tissues and organs alive rests upon the creation of a specialized network of capillaries that can nourish the tissues and remove detrimental waste at the same time.

New Mexico Orthopaedics is a multi-disciplinary orthopedic clinic located in Albuquerque New Mexico. We have multiple physical therapy clinics located throughout the Albuquerque metro area.

New Mexico Orthopaedics offers a full spectrum of services related to orthopedic care and our expertise ranges from acute conditions ó such as sports injuries and fractures ó to prolonged, chronic care diagnoses, including total joint replacement and spinal disorders.

Because our team of highly-trained physicians specialize in various aspects of the musculoskeletal system, our practice has the capacity to treat any orthopedic condition, and offer related support services, such as physical therapy, WorkLink and much more.

If you need orthopedic care in Albuquerque New Mexico contact New Mexico Orthopaedics at 505-724-4300.

New Mexico Orthopaedics

NM Orthopaedics Expands to Uptown

By Steve Sinovic / Journal Staff Writer | Featured on ABQ Journal

Albuquerque-based New Mexico Orthopaedics has expanded its physical therapy services to the Uptown area.

The new space, on the first floor at 1700 Louisiana NE, is dedicated to helping patients recover after orthopedic surgeries such as hip and knee replacements, according to Daniel Pena. A physical therapy assistant with a strong background as an athletic trainer, Pena also doubles as clinic supervisor.

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New Mexico Orthopaedics

New Mexico Orthopaedics Opens New Physical Therapy Location

As part of an ongoing commitment to offer patients comprehensive and convenient orthopaedic care, New Mexico Orthopaedics has opened a new center for physical therapy in Uptown Albuquerque.

On October 3, 2016 a team of five highly trained therapists will open the new NMOA location in Uptown Albuquerque at 1700 Louisiana Blvd. Two Physical Therapists, one PT – Assistant and two technicians will be available for patients Monday through Friday.

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New Mexico Orthopaedics

Albuquerque health professionals provide life-changing surgeries in Honduras

Article By  | Featured on KRQE

ALBUQUERQUE, N.M. (KRQE) – Many people in developing countries may never have access to the quality of medical care we have here in the U.S., but thanks to two Albuquerque health professionals, dozens of people in Honduras are getting life-changing operations.

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