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November
13, 2009 | By
Michael Tetreault | Editor-In-Chief |
Concierge Medicine Today
Direct
primary care (DPC) is a term often linked to its companion in health
care, 'concierge medicine.' Although the two terms are similar and
belong to the same family, concierge medicine is a term that fully
embraces or 'includes' many different health care delivery models,
direct primary care being one of them.
Similarities
DPC
practices, similar in philosophy to their concierge medicine lineage
- bypass insurance and go for a more 'direct' financial relationship
with patients and also provide comprehensive care and preventive
services for an affordable fee. However, DPC is only one branch
in the family tree of concierge medicine.
DPC,
like concierge health care practices, remove many of the financial
barriers to 'accessing' care whenever care is needed. There are
no insurance co-pays, deductibles or co-insurance fees. DPC practices
also do not typically accept insurance payments, thus avoiding
the overhead and complexity of maintaining relationships with
insurers, which can consume as much as $0.40 of each medical dollar
spent (See Sources Below).
Differences
According
to sources (see below) DPC is a 'mass-market variant of concierge
medicine, distinguished by its low prices.' Simply stated, the
biggest difference between 'direct primary care' and retainer
based practices is that DPC takes a low, flat rate fee whereas
omodels, (although plans may vary by practice) - usually charge
an annual retainer fee and promise more 'access' to the doctor.
According
to Concierge Medicine Today, the first official news outlet for
this marketplace, both health care delivery models are providing
affordable, cost-effective health care to thousands of patients
across the U.S. MDNewsToday is also the only known organization
that is officially tracking and collecting data on these practices
and the physicians -- including the precise number of concierge
physicians and practices throughout the U.S.
"This
primary care business model [direct primary care] gives these type
of providers the time to deliver more personalized care to their
patients and pursue a comprehensive medical home approach,"
said Norm Wu, CEO of Qliance Medical Management based in Seattle,
Washington. "One in which the provider's incentives are fully
aligned with the patient's incentives."
Patient
Procurement STARTING,
GROWING OR SELLING YOUR
CONCIERGE MEDICINE PRACTICE...
A
number of challenges face physicians who currently maintain or
are transitioning their practices to a concierge medicine model.
Meeting set patient participation thresholds is a tremendous challenge
for most physicians. The concept of concierge medicine is not
yet commonly known or understood by most people.
The
concierge medicine legal and regulatory landscape can change from
one month to the next. If you are starting a concierge medicine
practice...you should really check in here for more information.