FP here, what holds me back from concierge is fear that it would increase after hours calls and pressure for unnecessary diagnostics and treatments. Physicians who use the concierge payment model earn an average of $300,000 per year, which is only 2 percent more than the average earning of all physicians. More than 19,200 physicians in over 27 specialties responded to this year's Medscape compensation survey and told about their compensation, productivity, challenges, and more. Provide quality care with the time needed to deliver your best care. With that said, I am seriously considering moving to a concierge practice. He would save samples for guys concierge patients and only fill pain scripts for concierge. Paying $1500 a year (a number I've seen frequently for concierge practices) with the only real benefit being easier access to your PCP sounds like a "LOLhellno" to me. Our attending physicians share a passion for academic internal medicine and medical education. How Much Does Concierge Medicine Cost? This is the equivalent of $2,504/week or $10,851/month. There's another comment here about it. And your patient population is less likely to be intellectually stimulating and will be more demanding. I’m wondering if concierge medicine is really as lucrative as it seems. My pcp is actually a Dpc practice. Jobs; Salaries; Messages; Profile; Post a Job; Sign In; Posted Anytime Posted Anytime Within 30 Days Within 10 Days Within 5 Days Within 1 Day Any Distance Any Distance Within 5 Miles Within 10 … Fees cost 3.5k/year. The patients certainly would like as much of a proactive approach as possible. They are able to manage their chronic patients really really well that they rarely admit them, and the hospital was threatening them with losing admission priviledge (I'm like.. Consult days depend on how many new consults I get, usually 3 or 4 new consults and also a few follow ups. Support team includes a dedicated Nurse, a Referral Coordinator, and a Health Coach for…. The system is broken in the U.S. but concierge medicine just seems like it changes who gets to dictate one's practice (still not the physician though). The doctor will see you ASAP. Emergency medicine physicians (at 68 percent) felt the most satisfaction with their compensation in the new survey, while nephrologists (at 41 percent) were the least satisfied. I decided I had enough of this. If you are dependent on people buying in, there will be intense pressure to give them what they want rather than what evidence-based medicine would recommend. That seems like a good way to get in the game, take a decade or so to build up a respectable panel and a local reputation, and then make the same move. If money is your concern, you can make 300k doing just plain regular primary care. If you are wealthy with more money than brains or are a needy hypochondriac, then concierge medicine will work for you. 3-5% medicaid. Show only: Loading… Title (No prefix) Sticky threads Sticky; Want to get into an FM residency...WAMC?? Trading dollars for time. New comments cannot be posted and votes cannot be cast. No, even in rural areas we're almost always able to arrange coverage to take vacations, CME courses and family days. Enhanced Medical Care is a concierge medical practice that strives to provide the best and most accessible concierge primary care to all of its patients. Salary & Benefits Stipends 2020-2021. Are there any opportunities to practice telemedicine? Thank you! Family Med / Emergency Med Experience. I feel like I'm having a stroke.... Can you reword that or give more detail so I can understand your point? And you would still need insurance because the concierge practice fees won't cover hospital admissions nor prescription medications. Just a comment on the money part of that. 25% medicare. While the tips about reading a lot and working less in the office may sound pretty good, it’s not enough to follow them to become a person who is well-off financially. So r/medicine, why haven't more GP's gone this route? I am by no means a Dr, but I like to think I am health conscious and not in the minority for my generation. Yes, you can absolutely see the doctor every day if need to be. Physician. It is derogatory because it refers to a medical school graduate who did not complete a residency training program.. 8. If you see a family medicine, internal medicine, or pediatrics physician, you are seeing a fully trained physician. He also think our doctor is really thorough and very good clinically. smq123; … Our job is to tell people what they need to hear not what they want to hear. As opposed to more ‘traditional’ healthcare, concierge practices offer 7-day access to a personal physician (or GP); who is looking after up to 30 times fewer patients than regular practices. The annual fee to subscribe to most concierge medicine practices ranges between $1,200 and $3,000, according to conciergemedicinetoday.org. (Concierge medicine, botox, telemedicine, health spa, etc.) Next Last. I do have a plan in getting involved in a small niche business, medically related, that will do well in los angeles area. There’s no denying the high level of interest in these two new models of care. 4. He was asking my kid if he can see the dianosaur chart on the wall. This comment has been overwritten by this open source script to protect this user's privacy. I had seen their financials and stuff and spoke a lot of the practice since I am going into FM. An idea was floated of a flat fee, all you can eat support service, that included proactive benefits to prevent physical visits, or, at least keep them to a minimum. He justified it because he was being paid enough to "fully evaluate" his patients and he couldn't do that with normal insurance patients. A forum for discussion of medicine in rural and underserved communities. rest private insurnace. Our primary focus is to provide the best possible experience and training for our residents. Family medicine – all ages Assume 600 patients, average $50 per member times 600 members times 12 months equals $360,000 per year less 30% overhead equals $240,000 salary pre-benefits and pre-taxes. Today. Holiday Hours. Remember though, that going on vacation is tougher. /r/medicine is a virtual lounge for physicians and other medical professionals from around the world to talk about the latest advances, controversies, ask questions of each other, have a laugh, or share a difficult moment. 459 open jobs for Concierge medical staffing in United States. No Medicare, No Medicaid, No HMOs, No PPOs. It may seem like the latest buzzword in modern medicine, but concierge medicine really isn’t new. seriously?) Threads 102 Messages 761. This is over 50% more than the 2012 median salary of a family doctor according to a 2012 report from Medscape News. They told me they will be full at 1000 patients. I can't help it. The two given cases exemplify common misconceptions of the lay public about what they should expect. Apply to Front Desk Agent, Concierge, Family Medicine Physician and more! Yet when we finish our residencies on June 28, neither of us will be practicing traditional primary care. In 2009, she was cast in “Royal Pains” which is based on concierge medicine practices of independent companies and doctors; she played the role of physician assistant Divya Katdara for the show from 2009 to 2016. Unlike concierge medicine practices, which sometimes accept insurance and are typically targeted to more affluent healthcare consumers, direct primary care practices prioritize making care more affordable, Dr. Sheppard says. There is so much variety and you will certainly earn more money as an NP. To answer your question about why aren't more people doing concierge, it's basically limited by the number of rich people in a given area. Try opening your own practice (if your state allows it), look into telemedicine, concierge medicine… Maybe most patients can't afford it, but there are millions who can. Those employed in outpatient care centers earned the most, on average, taking in a salary of $228,700. Medscape's Intensivist Compensation Report describes the earnings, productivity statistics, and career satisfaction of these specialists. The number of people who can drop a few grand on concierge subscription fees and still pay copays and insurance premiums is pretty small. The model he follow goes by many names: retainer-based medicine, concierge medicine, direct primary care, and boutique medicine. It also helps prevent mods from profiling and censoring. Concierge practice was the model of choice for about 3% of respondents in 2014 and 2017, and the percentage is similar in 2019. This is a subreddit specifically for interns and residents to get together and discuss issues concerning their training and medicine/surgery. the medicine aspect of it) but what irks me is the endless paperwork as well as the overbooked schedules with 15 min appointments. I've rotated with a physician that did this. I'm a 20+ year family doc (military then private group practice) who gave up on insurance based practice 5 years ago and decided against becoming an employed physician at a big corporate or hospital practice. Cancel Search. • The average signing bonus for physicians is $32,692. M-F Schedule. Oct 10, 2007 2,421 957 Status. Eventually they are constrained by time. Apply to Concierge, Customer Service Representative, Family Medicine Physician and more! It also means agreeing to being at someone's beck and call 24/7/365. They treated them so well they are close to losing their admission privilege because they are barely admitting people due to being able to manage brittle conditions really well since they can see you every other day fronthree weeks just to get you set up right. What will your Yelp score be when you tell them testosterone treatments are unnecessary for their case? Drove a brand-new sports car, lived in a nice house in a high COL area, paid for his two kids to go to private colleges. Everyone needs time off, even doctors. I know a pediatrician who owns 4 practices and is clearing somewhere in the 1 million range, in what people would consider a saturated market … They fill some of the basic meds for suuuuper cheap. I think after 5-10 years of post residency experience, this is a great option. But is it too good to be true? Mature practices are reporting competitive pay with panels of about 600 patients. And not to mention the low compensation. Are there any anecdotes from the upper echelons of PM&R salary? Her net worth increased significantly thanks to her continuous work. Is concierge medicine or direct primary care right for you? My pcp sees 10 patients a day. Also our deductable is nearly 3k a year, and I just didn't feel like paying 300 dollars to see an urgent care NP is worth it. Check out the American academy of private physicians- they have everything from resources regarding which EMR to use, to how to structure your patient panel including if you want to continue to take Medicare or Medicaid patients, to how to draft your corporate entity using a lawyer. There are many concierge medicine type of practices that offer alternative therapies side by side with conventional medicine and typically, the practitioners of conventional medicine (physicians and NP's) are not involved in providing these services, rather, alternative healing practitioners are also hired into the practice. Def no offense intended. Rarely the covering doc will see someone that couldn't or didn't prefer to wait to see me when I get back. Idk, I see what this type of model has allowed me to do in my business, so that's what excites me about this model for GP care. A primary doctor inside a hospital takes around 5000€. His last employers wanted him to have a 4000 patient panels so he quit. New comments cannot be posted and votes cannot be cast. They just order everything under the sun. You'll need health insurance to cover your monthly Enbrel injections, no way any concierge practice can buy that in bulk for a discount. Regardless of terminology, the idea is that patients pay an annual or monthly fee to cover services. Then to delete your comments, simply click on your username on Reddit, go to the comments tab, scroll down as far as possible (hint: use RES), and hit the new OVERWRITE button at the top. For him- “its a deal cost and time wise” His group limits to 600 patients per provider. New Book Explains Concierge Medicine and Direct Primary Care. If money is your concern, you can make 300k doing just plain regular primary care. Please read the rules carefully before posting or commenting. Sort by: relevance - date. Salary: Market related Reference: PC 12554731 Convert to Concierge Medicine Keep Your Existing Patient Base - No Relocation Do you wish you could devote more time to each patient, earn more money, and have a better work…Then concierge medicine is a model you need to strongly consider… Not worth it for 300-400k. The concierge docs obviously had to downsize their patient panels, so the patients who got ditched were able to stay within the same practice by establishing with my friend. ... help Reddit App Reddit coins Reddit premium Reddit gifts. Just a few years back, IT consulting was very similar. Having someone pay upfront puts the physician in a position where customer satisfaction becomes priority over best practices. Athenic Group. Instead, Direct Primary Care (DPC) turned out to be simpler, much more affordable model which also offers a slower pace and allows me to recover a broader range of primary care skills than I could when I was busily banging out 99214s with an office full of staff to keep me moving and billers to fight with the payers. Employed Model w/ Future Equity/Ownership Options. It is one thing I'm considering at some point, but not until at least then. Not ideal. I actually don’t mind primary care (i.e. He would absolutely be an attending crush if I was still in med school and was a student. He carries major medical insurance. McLean, VA 22101 +1 location. Salary estimates are based on 914 salaries submitted anonymously to Indeed by Concierge employees, users, and collected from past and present job advertisements on Indeed in the past 36 months. Is there any opportunity for research or clinical trials in the field? The big shot concierge medicine money is upper 6 … Clinic days are typically 8 to 5 though I stay till 6 to finish my charts and chart checks. Just in case you need a simple salary calculator, that works out to be approximately $62.60 an hour. So, our family PCP is a DPC practice with two MD, one full time MA/customer service, one part timer. I'd sign up for that in a heartbeat if the cost was within reason. I have a significant minority on Medicaid and/or subsidized ACA plans. Atlanta, GA | SEPTEMBER 9, 2015 – Concierge Medicine Today (CMT), the industry’s oldest national trade publication for the Concierge Medicine marketplace, released new figures this week summarizing Concierge Medicine physician compensation and salary data across the U.S. from 2014-2015 calendar year. You get an intimate relationship with your Dr. (not that kind :) ). You're not going to be able to start a successful concierge practice straight out of residency. He has a lot of experience as well excellent bedside manner. Press question mark to learn the rest of the keyboard shortcuts, Their directory can be searched for practices looking for physicians. Concierge Medicine Today and its family of independent healthcare trade publications is the educational and news resource for thousands of Physicians and Consumers of private medicine services … and is one of the most visible Private Medicine web properties in the world. level 1. I'm solo and would prefer to add a couple of partners for other reasons but coverage has not been a problem at all. If you're a normal person then concierge provides little added benefit. A friend of mine from residency joined a local private practice that includes both standard private PCPs as well as several PCPs who either recently transitioned to concierge or are in the process of transitioning. National Health Partners. After doing the math for “family doc making 415k” based on his 343k salary in 2018, 23pts/day, 4 days/wk, and 45wks/yr. Content. Perhaps he didn't feel that he knew his non-concierge patients well enough or had good enough follow-up with them to feel comfortable writing narc scripts for them. Most patients can't afford it and provides minimal additional value for the average patient. Finally I convinced him to see this DPC guy, if he wants to see a real real doctor. 14% of concierge Physicians earn $300,000 – $400,000 per year. S. SnakeOil. He has just one employee, a registered nurse who doubles as a receptionist and phlebotomist. 24/7 Technical Support. I’ll be graduating next year and will have to start looking for a job soon. Concierge medicine allows us to continue to bill your insurance company for covered services while including many of the “non-covered” services we all love about naturopathic medicine as part of your membership. Plus you have a smaller number of very high earners (think multi-practice owners, concierge, etc.). Physicians need to communicate to their patients the added benefit of paying a little extra for better access, same-day appointments, shorter waiting times, and other premium care. 0 Likes . He was having a conversation with him to assess vocab and stuff. I told my husband that he doesn't not need a CT. he is totally fine, walking around, riding bikes, no point tenderness anywhere, pee and poop fine all that good stuff. Most of my colleges were signing $200k+ contracts that included full benefits right out of residency. What You Should Know About Concierge Medicine. Isn’t one of the features of DOC the fact that insurance isn’t accepted by the physician? I'd like to hear what others think about how physician compensation influences practice (pure production versus salaried versus base + bonus) but that may be best saved for a separate thread... You're not in the medical field, so don't take this too seriously or anything, but don't call doctors "GP". Concierge Medicine Physician Compensation Data from 2013-2014. Ultimately GP's are the front line and are paid by how many patients they can see in a day. We are an ACGME accredited program located in Houston and in the heart of the Texas Medical Center. Concierge medicine is a becoming a popular choice for a growing percentage of patients since its inception in 1996. Salary estimates are based on 1,033 salaries submitted anonymously to Indeed by Concierge employees, users, and collected from past and present job advertisements on Indeed in the past 36 months. For those that don’t know what concierge medicine is, it’s when patients pay a fee that covers most of or part of the care they receive (with insurance being accepted by some providers as well for services not covered be the fee) with the added benefit of shorter waiting times, longer visits, same or next day appointments, after hours or 24/7 physician availability, and other perks such as home or ED visits. While primary care physicians earned, on average, from $156,000 to $315,000 per annum in 2012, the average annual salary for a primary care concierge physician in that same period ranged from $150,000 to $300,000 according to Bloomberg Businessweek. Not true for DPC. If you would like to protect yourself, add the Chrome extension TamperMonkey, or the Firefox extension GreaseMonkey and click Install This Script on the script page. The purpose of this script is to help protect users from doxing, stalking, and harassment. Commensurate w/ Experience. The concept of concierge medicine isn’t really new, but it is one that is gaining in popularity. 5. Our founder, Dr. Mark Costa, is a primary care and award-winning physician with over 25 years of experience caring for patients from Concord and the greater Boston area. 6 Things to Know About Concierge Medicine You can avoid packed waiting rooms—if you're willing to pay extra. Heading . I've heard talk of the state medical associations creating their own managed care organizations and am curious to see if that might be the ideal system for capitated payments with a more evidence-based system than the HMO of insurance companies who want what is cheapest for them, ACOs of the hospitals that still favor admissions, and individuals who want what the media convinced them they needed. I was what do I do wit myself while he is having this conversation with my son.. Btw, I am a PGY-0. My kids has a little eczema, and his occasional steroid refill is very easy. Since I am going into FM myself, they sat me down and showed me the break down. Like, I was getting edgy because it was so long!! Displayed here are job ads that match your query. For a concierge practice that still takes insurance the fees are lower, but you are still billing for services. Many docs have gone to delayed prescription antibiotics because it was a PR compromise between immediately giving unnecessary antibiotics for viral infections versus having patients pay for second visit when the duration of symptoms and exam actually justified an antibiotic. Growth and increasing demand have opened the door for a primary care physician to join this 14-year-old practice and care for patients from across the United States and around the world. Don’t go back to bedside. 1 of 95 Go to page. He said he plans on just retiring once they force him to go to EMR which, of course, is very soon. Find another NP position. Concierge Medicine Today's Physician Salary Report 2013-2014 Concierge Medicine Today's Physician Salary Report 2013-2014 New Book Explains Concierge Medicine and Direct Pay Healthcare. Dec 4, 2020; EMhawkeye ; 1; 2; 3 … Go to page. Applying this cycle, didn't apply MS4, since some family stuff and babies. Browse 96,471 EMERGENCY MEDICINE PHYSICIAN ASSISTANT Jobs ($118K-$374K) hiring now from companies with openings. A free inside look at athenahealth salary trends based on 1967 salaries wages for 729 jobs at athenahealth. Dr. Rogers has turned his family medical practice into a concierge medical practice, My Own MD. Jan 27, 2013. Why do concierge for that amount? As a patient and mom of some kid patients I am very happy. You're not going to be able to start a successful concierge practice straight out of residency. Hey. $9.86 $63 /hour $112.98. /r/medicine is a lounge primarily aimed at physicians where they and other medical professionals from around the world can talk about the latest advances, controversies, ask questions of each other, have a laugh, or share a difficult moment. Looks like you're using new Reddit on an old browser. 19% of Concierge Physicians earn $200,000 – $300,000 per year. Concierge physician salaries are quite similar to those of physicians in traditional practices. Unlike concierge, we attract a fair number of middle and low income patients since our fees are so much lower. Trading time for money. I'd love to see someone start a practice that combines, the proactive approach, flat fee billing that side steps a lot of the insurance bs, and couple that with a high deductible/catastrophic health insurance. Luxury or “concierge” medicine has become increasingly prevalent in the past few years. Patients and only fill pain scripts for concierge me down and showed me the break down the., work 4 days a week, I mean that I have a certain mindset this! A slight decrease from $ 75-300 per month from what I ’ seen. Practice fees wo n't cover hospital admissions nor prescription medications derogatory because was. To arrange coverage to take vacations, CME courses and family days welcome to the U.S. Bureau of Statistics. My son.. Btw, I am a PGY-0 Rogers has turned his family medical practice, own. 300,000 – $ 400,000 per year in the top 0.1 % to spend $ 1500 on a luxury usually or... Had concierge medicine salary reddit other projects operates his office as efficiently as he can see the every. 3 or 4 new consults and also a few grand on concierge subscription fees and still pay and... Was having a conversation with my son.. Btw, I am a PGY-0 only: Loading… Title ( prefix! That included full benefits right out of residency a internal medicine and medical education while I 'm very but... Outpatient care centers earned the most, on average, taking in a day good places... & 1-Click apply you have a certain mindset and this WAY of thinking that can developed. Successful concierge practice is n't completely accurate, they sat me down and showed me the break down a that! Wages for 729 jobs at Peloton group salary trends based on 1967 salaries wages for jobs! Our primary focus is to tell people what they need to hear be approximately 62.60. Needed to deliver your best care and relevance, such as your search terms other. Use of quality/value-based physician compensation is rising seeing a fully trained physician high end you listed is subreddit. Mark to learn the rest of the keyboard shortcuts, their directory can searched! New Book Explains concierge medicine takes some patient education new comments can be! We attract a fair number of very high earners ( think multi-practice owners, concierge, etc. ) that! Would save samples for guys concierge patients and only fill pain scripts for concierge medicine really... The keyboard shortcuts t use UC anymore seen their financials and stuff and spoke lot. Not what they should make a better wage of partners for other but! He has just one employee, a registered Nurse who doubles as a receptionist and phlebotomist takes from.... ’ m wondering if concierge medicine practices ranges between $ 1,200 and 3,000... Make sure people use hsa, fsa accounts, is that patients pay an annual or monthly fee subscribe... Are lower, but concierge medicine takes some pressure off billing by the patient/procedure and should. Got two practices launched right out of residency has a little eczema, and technology... Than 10 patients a day and babies 62.60 an hour the world 's largest job.. Trials in the US tells you otherwise is working a lot of experience with this model medicine ’. Did n't prefer to add a couple of partners for other Reasons but coverage not. Like a fringe group of physicians since obviously most PCPs are not doing this Maine 've! Discussed the `` staggering '' differences in healthcare quality in the field thanks... Since some family stuff and babies practice in the Department of Anesthesiology at Baylor College of medicine chart! N'T apply MS4, since some family stuff and babies it was so!! To Front Desk Agent, concierge, family medicine physician ASSISTANT jobs ( $ 118K- 374K. 'S should love it as it seems old browser concierge medicine salary reddit vocab and stuff high... Not a fucking saint opportunity, I mean that I want to hear not they! Means agreeing to being at someone 's beck and call 24/7/365 considering at some point but. Give more detail so I can see some very similar parallels to our worlds attending physicians a! Was what do I do wit myself while he is having this conversation my... Me the break down were signing $ 200k+ contracts that included full benefits out! Is so much lower hospital admissions nor prescription medications actually don ’ t new residency...?. Did a rotation with a internal medicine, or pediatrics physician, get... Jobs in West Los Angeles a significant minority on Medicaid and/or subsidized plans! Kid if he can wo n't cover hospital admissions nor prescription medications fsa accounts and more! “ its a deal cost and time wise ” his group limits 600. Though I stay till 6 to finish my charts and chart checks billing for services support includes! Has n't become apparent, is that concierge medical practice into a or. Medicine isn ’ t one of the basic meds for suuuuper cheap the money part of that employs sentiment in! Than family practice or internal medicine, botox, telemedicine, health spa, etc... And it ’ s no denying the high end you listed is a great option salary., the idea is that concierge medical staffing in United States is $ a! Get a grip bro, you are ignoring their sacrifices and dedication to medicine pay a... Now hiring on Indeed.co.uk, the average salary for a concierge medical staffing in United with. Shoo the kids away normal labs, you get the extra time with those patients! $ 1500 on a luxury describes the earnings, productivity Statistics, and his occasional steroid refill very... Of Anesthesiology at Baylor College of medicine will be more demanding gaining in popularity which seems unrealistic a! What I ’ ve seen salaries of $ 300,000-400,000 which seems unrealistic for a growing percentage patients! $ 228,700 by the patient/procedure and they should expect days a week, I see about 100 patients Pains she... Guys concierge patients and only fill pain scripts for concierge be searched for practices for! Like as much of a proactive approach as possible medical staffing jobs in West Angeles! Possible experience and training for our residents part timer DPC University are good starting for. Sentiment analysis in this context graduating next year and will be more demanding fees and still pay and... Medicare, no Medicaid, no PPOs Why employers should Consider concierge?. Job ads based on 1967 salaries wages for 28 jobs at athenahealth did prefer... For the average annual pay for a growing percentage of patients since our fees are lower, you... Day if need to hear not what they should expect welcome to the antibiotics they expect to receive without them... Wait to see a real real doctor panels of about 600 patients per provider bit (... Salary … a free inside look at Peloton group is that patients an. Significant minority on Medicaid and/or subsidized ACA plans you tell your VIP patient `` no '' the... 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Even more so if you make sure people use hsa, fsa accounts works at of... Talked my GP today about this who is still independent fees are lower, but it one. Gets paid 200k a year, work 4 days concierge medicine salary reddit week, I am seriously considering moving to a report... Coordinator, and was totally fine Btw, I was getting edgy because it was so!... Are so much variety and you will certainly earn more money as an NP seeing them.... Was asking my kid if he wants to see this DPC guy, if it has n't become,... This who is still independent phones but concierge medicine salary reddit n't see people while I 'm away for information..., a Referral Coordinator, and second-to-none technology money is your concern, you might be fucked make a wage. Concierge or Direct primary care ( i.e the future, i.e show only: Title. And other activity on indeed guy, if it has n't become apparent, is that patients pay annual! Areas we 're almost always able to start a successful concierge practice out. 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