[Verse 1]
We are the nation's physicians
Yes, we give aid to our lobbies every day
We will fight against disease when the money comes with ease
And when we get together we say

[Chorus]
Hooray for the A.M.A. 
And for us doctors gluts of higher pay
If you can't afford my bill don't you tell me that you're ill
'Cause that's the free enterprise way

[Verse 2]
We've divided up the sections of the body
Every day we specialize more and more
But we really love to stitch the diseases of the rich
We are sure there is a clinic for the poor

[Chorus]
Hooray for the A.M.A. 
And for us doctors gluts of higher pay
If you can't afford my bill don't you tell me that you're ill
'Cause that's the free enterprise way

[Verse 3]
And our waiting rooms are getting pretty crowded
It is sad to see our patients sit and bleed
But if you must use our ointment then you must have an appointment
Or who'll pay for those magazines you read?
[Chorus]
Hooray for the A.M.A. 
And for us doctors gluts of higher pay, higher pay
If you can't afford my bill don't you tell me that you're ill
'Cause that's the free enterprise way

[Verse 4]
And now the government is getting too ambitious
Yes, we know they want to socialize us all
Well, our oath was Hippocratic but with money we're fanatic
So we'll see you in Canada in the fall

[Chorus]
Hooray for the A.M.A. 
And for us doctors gluts of higher pay
If you can't afford my bill don't you tell me that you're ill
'Cause that's the free enterprise way
Amalgamated A.M.A.