North Carolina Medical Society

What North Carolina Medical Society does

The North Carolina Medical Society (NCMS) is a private nonprofit professional membership organization founded in 1849 that represents approximately 8,000 physicians, PAs, residents, and medical students in North Carolina. Headquartered at 222 N. Person Street, Suite 101, Raleigh, NC with 11-50 employees, NCMS operates through a portfolio structure anchored by its core membership product (active physician dues of $475/year tiered down to $10 for medical students), the Kanof Institute for Physician Leadership (KIPL) which delivers three tuition-based leadership academies, the NCMS Foundation philanthropic arm running the Community Practitioner Program (CPP/CPP 2.0) and disaster relief including a $25M COVID-19 financial recovery pass-through, and the Southern States CME Collaborative (an ACCME-recognized accreditor jointly with Medical Society of Virginia and Mississippi State Medical Association effective April 2024).

Underlying technology is intentionally lightweight: a website content management system for member communications, event management and advocacy coordination, supplemented by standard marketing/analytics tooling (Google Analytics, Marketo, Simpli.fi, Feathr). The proprietary technology asset is the SSCC accreditation system, an interoperability framework under ACCME standards spanning three states. NCMS also holds a 50% interest in Carolina Complete Health Network, a joint venture with Centene and the NC Community Health Center Association that operates a Provider-Led Medicaid entity in NC.

The business model is multi-stream subscription and quasi-subscription revenue: tiered annual membership dues, tiered Business Alliance corporate partnerships (Leadership Council, Platinum, Gold, Silver), tuition for leadership academies ($2,500-$7,300), Morning Rounds newsletter advertising ($1,980-$5,181 per insertion), event sponsorships, foundation grants/donations, and pass-through grant administration. Distribution combines direct membership sales, county society dues collection for 14 county chapters, association management services to 11 specialty societies, and dual GTM motions including event-driven engagement (White Coat Day, Legislative Summit, Regional Meetings, Golden Stethoscope Awards) and channel partnerships. Named customer entities extend across 11 specialty societies (Carolinas Society of Endocrinologists, NC Dermatological Society, NC Obstetrical and Gynecological Society, etc.), and the customer base represents a long-tail of individual practitioners rather than concentrated enterprise contracts.

Name

North Carolina Medical Society

Legal name

North Carolina Medical Society

Website

https://ncmedsoc.org

Company type

Private

Founded year

1849

Operating status

Operating

Headcount range

11–50 employees

Short description

The North Carolina Medical Society is a nonprofit professional membership organization founded in 1849 that represents approximately 8,000 physicians, PAs, residents, and medical students in North Carolina, delivering legislative advocacy, leadership development, practice support, and association management services.

Ownership category

akta.pro rank

Product category

Professional Medical Association Services

NAICS

Professional Organizations (813920), Business, Professional, Labor, Political, and Similar Organizations (8139)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Healthcare & Clinical Professional Development (CME/CE) (EDAGANAJ)

akta.pro secondary industry

Continuing Education (CE/CPD) & Provider Accreditation Bodies (EDADACAF)

Keywords

• Physician advocacy services
• Medical society membership
• Continuing medical education
• Physician leadership development
• Healthcare legislative advocacy

Headquarters

HQ city

Raleigh

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Membership Dues: Annual membership dues from physicians, PAs, residents, and medical students with tiered pricing based on career stage
2. Business Alliance Membership: Corporate partnership memberships at Leadership Council, Platinum, Gold, and Silver levels providing marketing access to NC physicians
3. Leadership Academy Programs: Tuition-based leadership development programs including Future Healthcare Leaders, Advanced Healthcare Leaders, and Executive Healthcare Leaders academies
4. Foundation Donations: Philanthropic contributions to support Community Practitioner Program, disaster relief, and clinician wellness initiatives
5. Event Sponsorships and Advertising: Morning Rounds newsletter advertising and event sponsorship opportunities including Golden Stethoscope Awards Dinner

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

The North Carolina Medical Society is a private nonprofit professional membership organization that serves nearly 8,000 physicians, PAs, residents, and medical students in North Carolina. Its core offerings include tiered individual membership with annual dues, legislative and regulatory advocacy before the NC General Assembly, the Kanof Institute for Physician Leadership with three tuition-based leadership academies, association management services for 11 specialty medical societies, the Community Practitioner Program providing loan repayment for clinicians serving in underserved areas, and the Southern States CME Collaborative serving as an ACCME-recognized continuing medical education accreditor.

Product overview

The North Carolina Medical Society is a professional membership organization founded in 1849 that provides leadership in medicine by uniting, serving, and representing physicians and their healthcare teams. Rather than offering a single unified tech product, the society operates a portfolio of membership-based programs, advocacy services, and educational initiatives. Core offerings include: NCMS Membership (serving ~8,000 members), the Kanof Institute for Physician Leadership (KIPL) with three academy programs for leadership development, the Community Practitioner Program (CPP/CPP 2.0) providing loan repayment for rural service, and the NCMS Foundation managing disaster relief, clinician wellness (NCCPRW), and health initiatives (Project VBOT, OurCHI). Additional services encompass Government Affairs/legislative advocacy, NCMS PAC political action, Southern States CME Collaborative accreditation, payer relations support, and Business Alliance membership. The society also manages 11 specialty societies and partnerships with 14 county societies, plus publishes the Weekly Dose newsletter and operates the NC Prescription Drug Discount Card program.

Differentiator

Problem solved

Functional benefit

Brands

• NCMS Foundation: The philanthropic arm of the North Carolina Medical Society, focused on improving access to quality healthcare for all North Carolinians through programs including Community Practitioner Program, disaster relief, clinician wellness, and the Kanof Institute for Physician Leadership.
• Kanof Institute for Physician Leadership (KIPL)
• Community Practitioner Program (CPP)
• CPP 2.0
• Project VBOT
• Our Community Health Initiative (OCHI)
• MEDTalks
• NCMS Academy for Future Healthcare Leaders
• NCMS Academy for Advanced Healthcare Leaders
• NCMS Academy for Executive Healthcare Leaders

Products and services

• NCMS Membership Annual professional society membership serving nearly 8,000 physicians, PAs, residents, and medical students with tiered dues ($475 active physicians, $356 third year after training, $238 second year after training, $119 first year after training, $166 physician assistants, $238 retired physicians, $314 semi-retired, $20 resident/fellow, $10 students) providing advocacy, practice support, payer relations, leadership development, and networking.
• Kanof Institute for Physician Leadership (KIPL) Academies Tuition-based leadership development institute offering three academies: Academy for Future Healthcare Leaders (6-month program), Academy for Advanced Healthcare Leaders (8-month project-based, $5,000 member / $6,700 non-member / $4,250 non-member non-clinician / $2,500 resident-fellow), and Academy for Executive Healthcare Leaders (9-month with executive coaching and 360-degree assessment, $5,500 member / $7,300 non-member).
• Community Practitioner Program (CPP) Educational loan repayment program placing physicians, PAs, and NPs in health professional shortage areas of North Carolina in exchange for multi-year service commitments, including CPP 2.0 launched in 2023 prioritizing behavioral health and maternal/women's health clinicians with BlueCross BlueShield of NC Foundation funding.
• Southern States CME Collaborative Accreditation Shared continuing medical education accreditation framework operated by NCMS with Medical Society of Virginia and Mississippi State Medical Association under ACCME standards, accrediting CME providers across Virginia, North Carolina, and Mississippi.
• NCMS Business Alliance Corporate Membership

Quantifiable outcome

• 42x multiplier: $17.3M in loans resulted in $739M in free/reduced care
• +1 more outcomes

Named customers11 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered core and minor.

• Southern States CME CollaborativecoreStrategic or Co-development Partner · 1 April 2024Partnership with Medical Society of Virginia (MSV) and Mississippi State Medical Association (MSMA) forming the Southern States CME Collaborative (SSCC) as an ACCME Recognized Accreditor for continuing medical education
• Carolina Complete Health Network (CCHN)coreStrategic or Co-development PartnerJoint venture between NCMS, North Carolina Community Health Center Association (NCCHCA), and Centene. NCMS owns 50% of CCHN, a network services company that owns 20% of Carolina Complete Health (CCH)
• VOX TelehealthminorStrategic or Co-development PartnerNCMS Foundation partnership with VOX Telehealth to expand whole-person health access across rural North Carolina, connecting underserved communities and independent practices
• Centene CorporationcoreStrategic or Co-development PartnerPartnership through Carolina Complete Health (CCH), a Provider-Led Entity in North Carolina Medicaid owned with NCMS and NCCHCA

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Texas Medical Association: Largest U.S. state medical society (~55,000 members) with the same membership, advocacy, CME, and leadership development model as NCMS, but at significantly greater scale. Closest direct peer for what a high-performing, multi-program state medical society looks like.
• New York State Medical Society (MSSNY): New York's statewide professional medical society providing advocacy, CME, and member services functionally equivalent to NCMS, in a large but single-state footprint. Directly comparable on membership, advocacy, and education offerings.
• Pennsylvania Medical Society: Pennsylvania's statewide physician membership organization offering advocacy, CME accreditation, leadership development, and practice support directly analogous to NCMS's portfolio. Useful comparison for tiered-state membership economics.
• Florida Medical Association: Florida's statewide physician membership organization with advocacy, CME, and practice support services closely paralleling NCMS's model. Comparable single-state scope and member-based revenue structure.
• Mississippi State Medical Association: Mississippi's statewide physician membership organization and the third partner in the Southern States CME Collaborative with NCMS. Same professional society model (membership, advocacy, CME), similar single-state footprint, and directly comparable operating scale.
• California Medical Association: California's statewide physician membership organization offering advocacy, CME, and practice support analogous to NCMS, but operating in a far larger and more diverse physician market. Strong reference for how a state medical society operates at scale.
• Ohio State Medical Association: Ohio's statewide professional medical society offering advocacy, CME, and member benefits aligned with NCMS's model. Mid-size state footprint closely comparable to North Carolina's scale.
• Medical Society of Virginia: Virginia's statewide physician membership organization and co-founding partner of the Southern States CME Collaborative alongside NCMS. Closely comparable in mission (advocacy, CME, leadership development), revenue model (dues, academies, grants), and operating geography (single mid-size state).

Broad incumbents

• American Medical Association: National professional association for physicians offering advocacy, CME, and education analogous to NCMS, but at a federal scale with broader scope. Comparable as a membership-driven professional society serving physicians, though NCMS also coordinates AMA delegation activity.
• American Academy of Family Physicians: National specialty society providing CME, advocacy, and leadership development for family physicians — overlapping substantially with NCMS's member service portfolio, but specialty-focused rather than statewide-generalist. Useful for benchmarking CME and leadership program economics.

Market position

Strengths5 records

Weaknesses3 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/NCMedSoc
• Facebookfacebook.com/ncmedsoc
• Instagraminstagram.com/ncmedsoc
• LinkedInlinkedin.com/company/north-carolina-medical-society

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about North Carolina Medical Society