Annual Report
2023
The FSMB Foundation made strong progress over the last year, with exciting initiatives to advance medical regulation at a time of continuing change.
With a new strategic mission and vision, the Foundation is poised for the future. We remain focused on improving the long-term effectiveness and viability of the nation’s state medical board system as a means of achieving safer, higher quality health care.
Reviewing Our Success and Looking to the Future
Janelle A. Rhyne, MD, MACP
“The rapid advance of artificial intelligence and other trends have created a time of great change for the nation’s state medical boards.”
Social and demographic change, the COVID-19 pandemic, the rapid advance of artificial intelligence and other trends have created a time of great change for the nation’s state medical boards — an environment that the FSMB Foundation is addressing directly with targeted programming and a newly updated strategic plan.
In this annual report — our first ever — the Foundation offers highlights of the progress we are making in serving the nation’s state medical boards.
Introducing Our New Strategic plan: Five Pathways for Success
In a newly updated strategic plan, the Foundation is envisioned as a catalyst for innovative ideas, encouraging research and education initiatives that translate into best practices and more effectiveness for state medical boards.
Grant Funding
“The FSMB Foundation grant helped us advance new strategies for medical regulators to align their education requirements in pursuit of our common goal to improve the safety of opioid prescribing.”
— Graham McMahon, MD, MMSc, President and Chief Executive Officer
Accreditation Council for Continuing Medical Education
From building better understanding of medical regulatory complaint-data research to raising awareness of physician health programs, Foundation funding is making a difference.
Our 2022-23 Grant Awardees Are Helping Meet the Needs of Medical Regulators
Foundation Endowment Continues to Grow
Since its re-launch in 2009, with a broadened mission and capital investment, the FSMB Foundation’s endowment has grown steadily. Over the last several years, it has made significant progress as it seeks to provide larger grants for researchers and educators.
Impactful new projects will be funded in coming years as a result of this growth, and new requests for proposals are now being developed by the Foundation.
Board of Directors
The FSMB Foundation’s Board of Directors reflects the diversity of the FSMB and its member Boards. Three new directors were recently added, bringing new vision and experience to help further our mission.
