Concierge Medical Practice

Frustrated with the direction your medical practice is headed? Are tired of seeing more patients, making less money and working evenings or weekends just to keep up? If so, a concierge or “direct pay practice” conversion may be the answer been looking for. Concierge medical practices have increased tenfold over the past four years. Understandably so, since physicians and specialists who have converted to a direct pay or concierge practice report that they feel a stronger sense of control over their lives, income and how they deliver patient care. The Concierge Department works with physicians to find qualified patients. Our sponsors underwrite part of the searches.

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Concierge medicine goes by many names, boutique medicine, retainer medicine, executive health, VIP medicine, and personalized medicine. By any name, concierge medicine is the solution for doctors trying to maintain their integrity and independence in today’s difficult healthcare environment. Concierge medicine is a new style of practice with old roots, in which doctors limit their patient base in order to provide patients with personalized service, high quality care, 24-7 availability, and other amenities. In exchange for this enhanced personal attention, patients pay physicians an annual fee. This concierge fee enables physicians to increase their compensation while managing their workload. In addition to receiving an annual fee, most concierge physicians continue to receive reimbursements from health plans and private pay clients. Concierge medicine is a relationship between a patient and a primary care physician in which the patient pays an annual fee or retainer. This may or may not be in addition to other charges. In exchange for the retainer, doctors provide enhanced care. Other terms in use include boutique medicine, retainer-based medicine, and innovative medical practice design. The practice is also referred to as membership medicine, concierge health care, cash only practice, direct care, direct primary care, and direct practice medicine. While all concierge medicine practices share similarities, they vary widely in their structure, payment requirements, and form of operation. In particular, they differ in the level of service provided and the amount of the fee charged.