With 16,000 physician practices closing in 2020 and another 8,000 expected to close in 2021, the failures of the fee-for-service model have been exacerbated by the ongoing pandemic and are putting physician practices in further peril. Independent physicians in the fee-for-service model are particularly vulnerable.
An increasing number of physicians across the country are successfully defying the downward spiral by turning to the concierge or membership practice model.
On March 9, 2021, our expert panel discussed the current crisis and how the concierge model allowed them to gain control over their practice and not only survive but thrive.
This fast-moving discussion includes:
- Concierge physicians Brian Bilchik, MD, and Zev Cohen, MD, who transitioned their practices to the membership medicine model during the pandemic.
- Michael Tetreault, Editor-in-Chief, Concierge Medicine Today, the world’s first media and news and educational resource for the concierge medicine marketplace.
- Terry Bauer, CEO of Specialdocs Consultants, a pioneer in creating successful concierge medicine practices through proven transition and practice-growth strategies.