This website uses cookies to ensure you have the best experience. Learn more

Concierge Care Essay

1295 words - 6 pages

Concierge Care

Concierge Care

In today’s healthcare climate, concierge medicine is gaining ground and increasing in popularity. Patients are opting to either pay in cash for services rendered or pre-pay a monthly or annual fee for more personalized services and 24/7 access to their physician. Both physicians and patients are driving much of the growth attributed to concierge medicine (Spooner, 2007). Many physicians are dissatisfied with their reimbursement contracts and heavy patient loads that limit the amount of time spent with their patients. Patients feel that the level of quality of care provided by traditional medicine is declining and are increasingly dissatisfied ...view middle of the document...

Patients usually do not leave one concierge practice to join another, even when there is a slight difference in pricing (Specialdocs, 2014). As new concierge practices open in the area, concierge practices will also have to be more creative and add more value to their practices to ensure the patient continues to renew their membership.
Identification of the practice’s ideal member patients, the challenges they are facing and the services they find desirable is essential to be able to offer the best combination of concierge services. Another important factor is that there is a growing shortage of primary care providers in the United States (Drummond, n.d.). As the shortage worsens, a large portion of the population will become willing to pay to continue to see their doctor as they are accustomed to doing, especially if the alternative is the high volume “assembly line medicine” (Drummond, n.d.). Change is difficult, however, effectively communicating and educating patients to help them understand the benefits of the concierge care model will help ease the transition.
Concierge physicians play an important role as patient advocate during a medical emergency, helping patients manage their way through the medical system when they become sick. They can also find the best specialists to meet patient needs. Concierge physicians provide continuity of care, from the office to the patient’s home (Merritt, 2014). Many patients will see the value of being able to reach their physician 24/7 whether by phone or email and will not mind paying a premium for high quality, personalized patient care. If patients are provided a special experience, they will be more likely to stay loyal and share their experience with others (Merritt, 2014). The physician and staff must be prepared however, for this new level of customer service and accessibility.
In today’s economy, many physicians have drained their savings accounts and maxed out their personal credit lines or are still paying back extensive student loans. In order for a new concierge care practice to thrive, physicians must reach out to others to raise the necessary capital. A well thought out business plan for the practice must be created to submit to healthcare consultants, attorneys and a trusted accountant (Teatreault, n.d.). The concierge medicine model an entrepreneurial endeavor and involves an advanced marketing program to be successful. Physicians, for the first time, must enroll their own patients who pay their own money for this direct relationship (Teatreault, n.d.).
The concierge care model is set up to allow physicians to see fewer patients, there is much less overhead, the need for office space decreases as well as the number of staff necessary to manage phone calls, paperwork and insurance processing (Teatreault, n.d.). Overhead costs are significantly reduced with more money coming the practice’s bottom line. Although the practice will not require any additional medical...

Other Papers Like Concierge Care

Lafarge S.A Essay

2924 words - 12 pages presented in the case study. The analysis is centered on four Organizational behaviour concepts which include Values, Teamwork, Motivation and Creativity. The initiatives entail different strategies deployed by Lafarge in handling challenges encountered in either cases of business expansion or continuity at different plant locations. Care is taken to outline the activities and results associated with these initiatives and to show how these align

Finance Essay

665 words - 3 pages Financial statements are the most common tool used for making business decisions. They consist of the balance sheet, income statement and statement of cash flows. The analysis tools used affect all aspects of a company not just a few. A systematic review of the resources a company used to achieve its mission is cost control. Cash flow should be kept at necessary levels for operations is one of the major benefits of cost control. It is a very

Analysis Of Operation Blue Star And Its Effects On The Gandhi Dynasty

934 words - 4 pages The period of time including and following Operation Blue star is considered a dark time in India and black spot in Indian history. It is a time Indian would rather forget, yet still to this day debate about. Was Indihar Gandhi correct in instating operation Blue Star, inflicting damage to the Golden temple, and being responsible for the killing of anywhere from 492 (official reports) to 1500 (estimates run as high as) civilians, which lead to an

Regretful Decisions

930 words - 4 pages music. This isolated Sonny from Isabel and her family. With both his love for music as well as the isolation between him and his family growing stronger, Sonny moves out of the house. Sonny left so that he could find a place where he and his music would be accepted. Unfortunately, he also found heroin. If Sonny’s brother would have taken care of Sonny, much of this disaster could have been avoided. Although Isabel and her family were there to

Jail Responsibilities

589 words - 3 pages Jail Responsibilities Monique Priorello September 23, 2012 One of the main responsibilities of a jail is to give the officers the correct “Police Correspondence” courses. This is because these courses give the officers the effective basic training that they need to do things such as; Writing of Memoranda, Police Reports, and Civilian Letters. What needs to be done first is make sure that there are NO errors. This means in

Mgt330

638 words - 3 pages Starbucks Nefertiti Wright Sangita Patel October 15, 2012 STARBUCKS 2 STARBUCKS - 1 - [no notes on this page]I. Job description a. Baristas II. Job specifications a. Duties III. Form of departmentalization STARBUCKS 3 Starbucks Starbucks have been named in the 100 best companies to work for. Starbucks has many job opportunities for people, which require the right job specifications. The employees create uplifting experience

Fight Club

917 words - 4 pages Fight Club is a story of the narrator’s struggle to gain control over his life. He is in search for an identity in the form of manhood. His masculinity is so repressed because of the absence of a father figure in his life. Because of this he creates Tyler, his alternate personality. Tyler is nothing like anyone the narrator has met, he is self assured and completely free. The narrators alternate personality Tyler Durden is the ultimate alpha-male

The Powers Of The Health And Safety Representative

254 words - 2 pages The Powers of the Health and Safety Representative A health and safety representative has the power to: Identify Workplace Hazards The health and safety representative has the power to identify workplace hazards. This power is usually exercised by conducting workplace inspections. Obtain Information from the Employer The health and safety representative is entitled to the same information available to a joint committee member. Under the Act

Lesson Plan

6476 words - 26 pages QWERTYUIOP by Vivien Alcock Table of Contents Introduction About Short Stories The Writer Synopsis Elements Activities Beyond The Text Assessment Answer Key Glossary Panel of Writers [pic] SHORT STORY Welcome to the World of Literature and to Short Stories! We hope you will enjoy working with this guidebook, which has been specially designed to help you prepare your students enjoy the Literature

Management

1227 words - 5 pages Coca-Cola Global Business and Marketing Strategy Introduction As domestic markets mature, it is becoming more and more fashionable for organisations to seek growth through opportunities in foreign countries. Faster communication, new technologies and improved transport links are making international markets more accessible and businesses pursuing a global position can experience an upsurge in brand awareness and cost effectiveness. Global

Facing Poverty With A Rich Girl's Habit

783 words - 4 pages Facing poverty with a rich girl’s habit Adele Strader Professor Chryst English Composition October 22, 2012 Facing poverty with a rich girl’s habit was written by Suki Kim and published in the New York Times on November 21, 2004. The most important point that Suki want to make was that (1) what we have in life can be taken away in an instant (2) do not go bankrupt in South Korea (3) that a person must adapt and endure

Related Essays

Sandals St.Lucia Essay

1257 words - 6 pages Martha Stewart Wedding concept. So What Is Included? Accommodation There three types of accommodation available, Luxury Suites which is priced from US$194, Concierge Suites priced from US$255 and Butler Suites priced fromUS$340,( all prices are quoted per couple per night) There are also a total of ten( 10) room categories within each of these types of accommodations, which include “Royal Honeymoon Grand Luxury”, “Romeo and Juliet Walk

Facts And Stats Essay

1849 words - 8 pages Caribbean island. The building of the resort is well underway, employing 460 local people, and is due for completion in 2010. The Resort The Buccament Bay Reception provides a concierge service for guests to arrange restaurant and spa bookings, taxis and sightseeing tours. The Sports Academy offers expert cricket, football and tennis coaching for both children and adults. The Fitness Centre comprises a full range of cardiovascular and physical

Behlen Ob Group Assigment Essay

2276 words - 10 pages ; * Concierge services— Allow vendors on-site to offer services such as dry cleaning, dental and vision care. * In-house medical facility - Because of the nature of this industry, medical facility should be available as a safety measure to protect employees. 2.1 Enhancing Existing Monetary Benefits – 2.2.1 Employees: Currently based pay reward system that is in place is common for all employees irrespective of the Skills

Internship Essay

7564 words - 31 pages hotel in Dhaka, Bangladesh can enjoy the atmosphere of an exclusive resort and the conveniences of a business hotel, including wireless Internet access in public areas, a Business Centre with boardrooms and secretarial services, the largest conference, meeting and function facilities in Dhaka and undercover and outdoor car parking facilities. Radisson Dhaka hotel amenities include:           24-hour reception/concierge and room