The Expected Growth of Concierge Medicine
| November 13, 2009

Concierge medical practices have increased tenfold over the past four years, resulting in at least 5,000 such practices now, compared with just 500 in 2005, according to the Society for Innovative Medical Practice Design, which projects that by 2012 there will be 17,000 concierge practices.

The society’s chairman, Dr. T.homas LaGrelius, said those numbers are a “guesstimate,” based on a 2008 Physicians’ Foundation-sponsored survey of 300,000 primary care doctors. In that survey, nearly half the respondents said that in the next three years they plan to reduce the number of patients they see or stop practicing entirely.

Source: October 16-22, 2009 | washington business journal

Concierge Medicine Multi-State Expansion

*States that have existing concierge practices include: Alabama, Alaska, Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Texas, Virginia and Washington.

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A number of challenges face physicians who currently maintain or are transitioning their practices to a concierge medicine model. Meeting set patient participation thresholds is a tremendous challenge for most physicians. The concept of concierge medicine is not yet commonly known or understood by most people.

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The concierge medicine legal and regulatory landscape can change from one month to the next. If you are starting a concierge medicine practice...you should really check in here for more information.

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