The concierge model of medicine offers obvious advantages to practitioners. Because it follows a subscription-based payment structure instead of the traditional one that relies solely on reimbursement from insurance providers, doctors enjoy a greater degree of freedom.
They can spend more time with their patients, avoid filling out reams of tedious paperwork, and use their best judgment for treatment options. Yet how does that translate on the other side of the equation? Is concierge medicine worth it for the patient?
Read on to learn more about the differences between the two models from the patient’s perspective and why someone might want to seek care from a concierge physician.
Why Would a Patient Shy Away From Concierge Medicine?
To those without much knowledge of how it works, concierge medicine may seem as though it wouldn’t be right for them.
For many, the idea of having a private doctor being paid on a recurring basis seems like a luxury only the wealthy and powerful can afford. This is a misconception, however, as many concierge practices offer payment plans that are well within the means of most households.
Others may be concerned about this model being too different from what they know. In these cases, many physicians and their staffs are well-versed in helping new patients adjust to the changes.
What Makes the Concierge Model Ideal for Patients?
The clearest advantage the concierge practice model has over the traditional, fee-for-service practice model is: because their practice revenue is driven by patient membership fees, concierge doctors run much smaller practices which allow them to spend more time with patients, delivering a more patient-centric form of care.
For instance, most traditional practices spend a significant portion of their time with the bureaucracy inherent in working with insurance companies. Without all the forms that need to be completed, practitioners can instead spend those hours working face to face with their patients.
This means a patient can expect to receive more personalized treatment, rather than spending only a few minutes consulting with his or her doctor before being shuffled out of the room. Someone seeking care or advice can expect to develop a true rapport with his or her physician, which leads to higher engagement and greater satisfaction.
Converting to the concierge model can be more than worth the effort for doctors as well as those they treat. By removing many of the impediments that can sap physicians’ time, patients can feel confident they are being given their full attention. Further, their health and well-being are prioritized.