Medical Practice Business Transformation - Concierge Practice (part 3 of 4)

(Part 2 reviewed statistics on concierge practices and commonly used models)

Innovation Model:

Without a doubt, starting your new medical practice using the concierge model avoids the accumulation of a large herd of patients and then turns them into a “direct primary care practice” later. The big disadvantage is that starting a medical practice requires money, usually a pretty good kit. Just portray the face of the lender when you explain to him that you do not have a job and that you have the remaining debt in the amount of 150,000 dollars from your education - and are asking for another 50,000 dollars to start work on another debt. Thank God you have a rich uncle who will help you financially.

Of course, you will have the same problem with the bank, no matter how you begin your practice. You can join the HMO, raise money, and then start your private practice. Perhaps there is a group practice to which you can join, already applying the method of practice based on the "founders", and go from there.

Transformational model:

So, you have been practicing for 15 years. It should be unpleasant for you to see a decrease in the income received by doctors (8% decrease in the average over the last 10 years, in accordance with AMA studies, etc.). Then you think and ask yourself, do you know that your practice is growing ........ you know, the number of patients who join the minus number coming out monthly. Or, right? Or ... maybe start now?

Most doctors see what is happening now in the world of medical practice - and this is bad. In fact, the choice of practitioners of practitioners has not changed. But the consequences of this election are very different now, and it is important to know about business goals in medical practice.

Transforming practice is not easy. Some follow the hybrid model for the transition, and some flat set a date to stop your usual practice and begin your practice of mutual agreement. We will talk about the problems associated with this.
go to another article.

Private practice model Group:

Fortunately, there are many medical practices that come together to practice anxiety in this country that you can join. In addition, with a gradual dissatisfaction with the health care system and a gradual increase in the number of patients looking for alternatives, practicing parallelism, already a solo or group will look for doctors of this kind of mind to join them. Practical overhead will be reduced in proportion by adding a new doctor to the staff. Resigning doctors leave discoveries for new doctors.

Solo primary practice doctors in private practice, especially in rural areas, disappear. But if they unite in group practice, this depletion will be much less common.

Commercial model:

Concierge-Choice Doctors (CCP), a medical practice consulting company, is one of the few groups that offer a turnkey solution to doctors who subscribe to help and a joint venture. This company distributes the patient’s concierge's annual subscription fee to the doctor, and also provides all marketing services paid for by the subscription fee. The CCP has a particular interest in working with the hybrid model.

Other doctors have established joint ventures with large enterprises that send a large number of their employees to practice concierge doctors in exchange for providing office space, equipment, supplies and other essential items. Employees pay an annual fee to the doctor, and the company saved thousands of dollars spent on large health insurance plans, which are much more expensive and administratively complex.

Be creative and create your own special joint ventures. I know! I'll get to the next one.

Where and how are the elements of concierge medical practice:

The most common cause of unsuccessful practice is the lack of income. Lack of income to support the practice occurs when the practice of the practitioner is not able to recruit a sufficient number of patients. Success requires at least about 300 patients per doctor. As in any ordinary medical practice, you do not earn money and do not receive income without patients. But you already know that.

This topic brings us back to what is critically important and that most doctors neglect before the start of medical practice - demography.

If you want a successful concierge practice:

• Enough population to attract a sufficient number of patients: I have not seen any research on this issue, but in my opinion, you should not have a serious problem when starting a practice in any urban part of a million population - where you will only be a concierge doctor for this population. This criterion should be changed by the abundance of the district, local industries and enterprises, the availability of educational and recreational facilities and the average incomes of the population, among others.

Due to the current shortage (2010) of concierge doctors, competition for patients should not be a problem in this population over the next decade.

• Professional competition: contacting the various resources available on the Internet that provide such information is easy to find. For example, in February 2010, an informal one-year summary of results related to the concierge drug market was released.

More than 66% of current US concierge doctors are internal in practice

specialists in the field of medicine.

Second place in the ranking - family doctors.

Sin Since the beginning of 2009, there has been a sharp increase in the number of dental and pediatric concierges.

practices are understandable, because they are mainly based on high-volume office practices.

patients.

In the same game plan, you cannot leave an increasing number of plastic surgeons. As antagonism between physicians and state intervention in health care increases, the likelihood that physicians refuse commercial health insurance programs and state Medicare and Medicaid programs will occur. It is now reported that 30% of doctors have stopped seeing Medicare / Medicaid patients. Does this send you a message?

Keywords = medical practice of concierge, practice of mentor, practice of group of concierges, brief practice of doctor, practice of medical practice, direct practice of primary health care, practicing doctors