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The CME is an electronic order-driven market (basically an auction market). In such a system, trading rules are set in such a way where buyers enter orders seeking the lowest price, while sellers enter orders seeking the highest price.
The 2024 Review of Physician and Advanced Practitioner Recruiting Incentives highlights that the average CME allowance is $3,969, emphasizing the significant investment in ongoing education. This financial support underscores the importance placed on lifelong learning and professional development in the medical field.
In general, reimbursement of CME may include costs such as registering for live or online courses/conferences which award CME, society dues for professional memberships which provide access to CME, subscription fees for internet based medical information services where CME is provided for researching information (i.e.
The AAFP offers five convenient ways to report credit: Report your CME online. Fax your completed CME reporting form or certificate of participation to (913) 906-6075. Call the AAFP Member Resource Center at (800) 274-2237 (8 a.m. to 5:30 p.m. CT).
CME credit is designed on an hour-for-hours basis, so for every hour one spends in an educational activity, one would receive 1 CME credit.
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In order to ensure the continuing competence as a licensed physician, you must complete a minimum of 50 hours of approved Continuing Medical Education (CME) hours during each biennial renewal cycle. CME courses must have been completed during each two-year period immediately preceding the expiration of your license.

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