Sunday, April 17, 2011

Doctor Supply Responds To Prices Paid

From The Boston Globe, "More doctors gravitate toward boutique practice: Fed up with long hours and limits on fees, they aim to offer a more personal approach — at a price" by Liz Kowalczyk:
But even a tiny number of doctors leaving traditional offices for boutique practices — out of thousands of primary care physicians — is enough to make some health care industry leaders nervous. They worry that more doctors will follow as insurers and government payers cut fees and hem in providers with regulations. And when even one doctor makes the switch, there are substantial side effects, leaving hundreds of patients to scramble for a new physician.

Concierge doctors care for a small number of patients who agree to pay an annual fee on top of insurance — $1,500 to $1,800 in MDVIP’s case — in return for fast, unlimited access to the physician and to extra services like a comprehensive wellness plan. Patients also enjoy more leisurely appointments than the 15-minute visits that are now standard for most primary care doctors.[Emphasis added]
Read the entire article here.

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