The concierge medicine model is becoming more and more prominent around the nation, as healthcare providers continue to adopt the new payment system. While many hospitals and physicians are finding medical payment reform and the move toward value-based care reimbursement challenging, the concierge medicine model may offer a solution to some of the struggles doctors are facing today.
Is it possible that the until-now-unheard-of notion of simplicity has been introduced within the healthcare industry? If so, something accompanying it might be the movement of DPC, or direct primary care, through which unlimited primary care drives down overall costs while improving patient outcomes and experiences.
A growing number of primary care doctors, spurred by frustration with insurance requirements, are bringing “health care for billionaires” to the masses, including people on Medicare and Medicaid, and state employees.
It’s called direct primary care, modeled after “concierge” medical practices that have gained prominence in the past two decades. In those, doctors typically don’t take insurance, instead promising personalized care while charging a flat fee on a monthly or yearly basis. Patients can shell out thousands to tens of thousands of dollars annually, getting care with an air of exclusivity.
Genetic testing for medications is becoming very en-vogue lately, with an insurgence of laboratories offering testing that identifies several genetic markers. These markers can predict how an individual will react with a certain medication. Sounds great, doesn’t it? Before you get a prescription from your doctor, he or she might be able to predict whether you are more or less likely to suffer a side effect, or whether a different medication may be more effective. The goal is to tailor the drugs and the dosages to your personal genetic make up.
With gleaming hospitals, highly trained professionals, and ready access to new medicines and technologies, the American health-care system seems poised to provide the best care in the world—and sometimes it does. More often, explains Leslie D. Michelson in “The Patient’s Playbook,” people who are confronted by a serious illness discover that “there is no map.” There is no one with the time, information and stamina to coordinate, or “quarterback,” their care.
Paying for concierge health care—no longer a just a perk for the super rich—is growing in popularity. With rising out-of-pocket costs, higher deductibles in their health plans and fewer doctors in provider networks, many consumers want to take more control of their health care. Read more: http://www.cnbc.com/id/102440116
http://www.forbes.com/sites/russalanprince/2015/02/16/single-family-offices-embrace-concierge-healthcare/ With respect to lifestyle services, concierge healthcare is an area of expertise coordinated by single-family offices that has become increasingly important to more of them over the years.
http://www.huffingtonpost.com/2014/12/04/flu-vaccine-ineffective_n_6269138.html The flu vaccine may not be very effective this winter, according to U.S. health officials who worry this may lead to more serious illnesses and deaths. Flu season has begun to ramp up, and officials say the vaccine does not protect well against the dominant strain seen most commonly so far this year. That strain tends to cause more deaths and hospitalizations, especially in the elderly.
http://reason.com/archives/2014/09/30/supply-side-health-care-reform Could the Netflix model work in health care? A doctor’s office in Rochester, New York is aiming to find out. Good MD, a primary care office set up this year, charges patients a single, flat monthly fee for unlimited visits.
http://www.forbes.com/sites/johngoodman/2014/09/11/why-are-doctors-so-unhappy/ Only 6 percent of doctors are happy with their jobs, according to one survey. They commit suicide at twice the rate of the general population. Over half are unsure they would recommend the practice of medicine to young people.