Inside A Practice

Survey: Largest out-of-pocket annual expense for concierge doctors …

By Michael Tetreault, Editor-In-Chief

JANUARY 14, 2013 — According to a survey of concierge physicians across the U.S. from December 2009 thru December 2012 by Concierge Medicine Today’s research and data collection arm, The Concierge Medicine Research Collective, we’ve learned that concierge, private/boutique medical physicians typically have thousands of dollars less in overhead and business expenses when compared to traditional, insurance-based/managed care doctors each year. And, concierge, private-pay direct primary care doctors are also obtaining much higher patient satisfaction levels than physicians in traditional, insurance-based/managed care practice models. The results of the survey are as follows:

As a “concierge” physician, what is now your largest annual expense?
Source: www.AskTheCollective.org, 2009-2012

  • 38% — Staff
  • 24% — Office Lease/Mortgage
  • 19% — Malpractice Insurance
  • 14% — Advertising
  • 5% –Equipment

According to So you may ask, what is a typical day in a physician’s life? Often for salary, doctors are working anywhere from 40 to 70 hours each week. A recent study revealed the average physician works about 65 hours per week. While this will be very different for most, I can tell you what the average day is in primary care. A typical day for most physicians may not end before 10 to 12 hours of work — not to mention many offices are open Saturdays as well. (Source: Richmond County Medical Society, http://eyedrd.org/2011/10/average-day-in-the-life-of-a-primary-care-physician.html)

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