July 26, 2022 | By Doris Dike, Esq.
Medical Economics Journal, Medical Economics August 2022, Volume 8, Issue 99
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.
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