Handbook of Concierge Medical Practice Design

In concierge medicine, physicians develop amenities-rich membership programs and collect a monthly or annual membership fee to pay for the amenities in addition to the medical services rendered. Handbook of Concierge Medical Practice Design examines the many considerations physicians must make prior to transitioning their practices into concierge services. Maria K. Todd, a recognized expert in concierge medicine, branding, consulting, healthcare, marketing, medical tourism, planning, and physician practice administration, explains how to set up a concierge practice. She describes how this new business model affects workflow and outlines financial considerations including managed care payer relations, the hybrid practice, and predictive modeling to uncover the hidden factors that affect bottom-line performance. The book supplies readers with models for creating a business plan and a strategy for transforming a practice into a concierge practice. It concludes by covering the legal aspects of creating a concierge practice. It includes patient acquisition and retention strategies as well as detailed plans for adding additional doctors and physician extenders, such as nurse practitioners and physician assistants.The book provides sample employment contracts and advice on how to select and work with consultants. It includes chapters on business process re-engineering, workflow management, financial considerations, competitive analysis, developing a business plan, and how to market the new practice.

Private Practice in Transition. Frequently Asked Questions. Turning Crisis into Opportunity. Determining If You Are Ready to Enter Concierge Medicine. What Sets You Apart from Other Concierge Physicians? Clarifying Your Business Concept: Welcome to the Next Chapter of Your Professional Life. Creating Your Practice Identity. Getting Organized. Business Intelligence for the Concierge Medical Practice. Startup Red Tape. Team Building. Operations and Practice Management. Designing the Layout of Your New Concierge Practice. Planning the Move to Your New Concierge Medical Practice Location. Money Matters. Financial Forecasts and Budgets.