July 26, 2022 | By Doris Dike, Esq.
Some practices may consider transitioning to a concierge model, which is sometimes called a subscription or retainer practice. A concierge practice is a direct contract between a doctor and patient, where the patient pays for an agreed menu of health care services. Patients pay a fixed fee, whether the fee is monthly or annually, to receive medical services administered by a provider. The concierge medicine business model is expected to reach $10 billion by 2028 and is expected to continue to expand.
CONCIERGE MEDICINE TODAY, LLC., DISCLAIMER AND USE: In no event is this information considered medical, legal, tax, financial, accounting or other professional advice (Please see full disclaimer).