The model took off. Concierge medicine is, after all, an excellent way to practice and experience medicine. But it became increasingly clear that not all physicians could transition their medical practice to an exclusive concierge practice. Perhaps their patient base was small, or they were practicing in a more rural, less wealthy area. And many doctors who could successfully make the transition didn’t want to dismiss patients who couldn’t afford to join.
However, even though these doctors couldn’t or wouldn’t transition to an exclusive concierge medicine practice, they still saw the value in membership medicine. The value that exists in bonus revenue that would stabilize a private practice struggling with declining reimbursements, and the value in patient relationships that were being threatened by the pressure of volume care. That was when the first major change began. A New, Blended Approach That Offers Choice Emerges I am proud to have pioneered what I call “the hybrid approach” to concierge care. Twenty years ago, I built an entire company around this opportunity. I called my company “Concierge Choice Physicians” (CCP) precisely because choice was what was missing in the industry, and choice is still what actually matters today. Physicians needed choices, not an all-or-nothing model. And patients want the choice to select the practice experience that’s right for them. Initially there were skeptics that said a blended model, where a physician could offer concierge care as a service option for patients who want this level of support, would never work. Why would a patient buy a concierge membership when they could continue to see their doctor as a traditional patient? These skeptics underestimated how much patients valued the relationship they had with their doctor. Our model skyrocketed in popularity. CCP became the second largest company in the industry, and the only company that allowed physicians to decide the kind of membership medicine they wanted to offer: a full practice transition, or the hybrid approach. Because we were flexible and physician-friendly, we developed a reputation built on trust. Physicians could and still do trust us because we don’t force them into a particular model. In fact, our very first client is still our client. We never forced physicians to overhaul their practice in order to participate. They could dip their toe into concierge medicine with a hybrid program. Without any upfront costs, they could test it, check the reaction from their staff and patients, and see how the revenue impacted their bottom line. And because the nature of a hybrid program means traditional patients remain, we had ongoing relationships with clients that offered continuous marketing and support. We weren’t consultants that swooped in, upended everything, and left. Our relationship was always built on ongoing service and support. Models That Adapt as the Market Changes The flexibility of our approach is what has contributed to our longevity. When we launched, it was mostly private primary care physicians who contracted with us. They had ongoing relationships with patients so they were naturally the right fit. But soon, specialists got on board. In fact, some of our most successful clients have been cardiologists and rheumatologists, gastroenterologists and endocrinologists. Today, we have unique programs to support pediatricians, gynecologists and more. The biggest change has occurred in the last decade, with large medical groups absorbing small private practices. As the pool of private physicians able to make their own business decisions declined, we wondered how a shrinking private market would impact our growth. It turned out we didn’t need to worry at all. A funny thing happened. When large healthcare organizations purchased a client’s practice, they quickly recognized the value in the existing hybrid concierge program. For example, a Hybrid Choice program with just 50 members can generate an additional $100k in new, private revenue. Why would a health system want to cancel that? They didn’t. Large healthcare organizations are now our fastest growing market. They have the same challenges as small private solo physicians, but at a larger scale. Our programs are scaling to meet their needs. At one time it seemed concierge medicine was incompatible with a vertically integrated healthcare organization that relies on third party payers and referrals. But our hybrid programs don’t interfere with their business structure, they just add revenue. And, it turns out, there are more perks. CCP’s blended models have proven instrumental in improving physician satisfaction by allowing doctors to practice a more satisfying style of medicine for a period of their day while generating bonus revenue. They are being used to extend the careers of senior physicians who would otherwise retire. And they are being offered as an incentive to recruit new, high-quality physicians to a network. Patients also report high levels of satisfaction when they get to select the practice experience they want to have: traditional or enhanced. A Future with Choices So what have we learned from all of this? Twenty years ago, I felt strongly that the future of the industry lay in flexibility. I knew there was a strong market for concierge care and I could see the consolidation of medicine on the horizon. Today, there are other changes looming on the horizon. Change is the only constant, after all. I remain confident that a company built on choice can adapt to whatever comes next: AI, direct pay, telemedicine, physician shortages, changes to Medicare payment structures, etc. After all, it’s not the strongest that survive. It’s the most adaptive! Concierge medicine will continue to grow in popularity and diversity. CCP will continue to adapt our programs to meet the needs of physicians, healthcare organizations and patients in a changing and often challenging marketplace.
0 Comments
Allison Geddish, CCP Director of Membership Development, discusses CCP’s ongoing marketing that supports programs at the launch, and year after year.
Unlike conventional concierge programs, CCP’s Hybrid Choice program is a unique style of membership medicine that works well in large healthcare organizations like SJPP. It allows physicians to provide the highest level of service to just those patients who want it, while continuing to see and care for all of the patients in their network. Patients are able to choose the practice experience they want. No patients are ever turned away, and the physicians continue to accept insurance and Medicare. A portion of the revenue generated from membership fees supports St. John’s charitable mission to serve all, especially the most poor and vulnerable.
“Several of my colleagues offered the CCP Hybrid Choice program, and so I was intrigued by the opportunity,” said Dr. Cutler. “Giving patients the ability to select the practice experience that suits them best is a wonderful service option in my practice. I look forward to partnering more closely with my members to help them achieve their best health.” With an aging patient population and high demand for services, the pressure on physicians today has never been greater. Healthcare organizations are increasingly turning to membership medicine to meet the needs of patients who want more service and support, while also improving physician satisfaction and generating much needed revenue. In fact, large medical groups are now the fastest growing market for CCP. “Healthcare organizations see the importance of membership medicine within their network,” says Keith Elgart, Chief Operating Officer at CCP. “The benefits go beyond supporting revenue goals. These programs have become an important part of physician retention strategies. The personal satisfaction that physicians experience practicing this style of medicine is extending careers, and the programs are also being used an incentive to attract and retain new, high-quality physicians. Patients, too, appreciate the opportunity to have a closer doctor/patient relationship.” Dr. David Cutler practices at Santa Monica Family Physicians, located at 901 Wilshire Boulevard, Santa Monica, CA 90401. His Hybrid Choice program is available for an annual membership fee. For more information on the program or to join, contact Concierge Choice Physicians at (877) 888-5590 or email [email protected]. About Concierge Choice Physicians (CCP) Dedicated to providing real options for patients and physicians, Concierge Choice Physicians™ is the largest private provider of the full range of concierge programs available today—Hybrid and FullFlex™. The company provides innovative, flexible and affordable models proven to work in medical practices of any size—from solo physicians to large medical practice corporations—both independent and affiliated with hospitals or health systems. Headquartered in Rockville Centre, NY, the company has worked with more than 500 physicians in 29 states. For more information, please visit www.ccpmd.com. |
ABout CCPFor almost 20 years, Concierge Choice Physicians has served as the largest provider of the full range of concierge programs available today – including the Hybrid Choice™, Transitional and the FullFLEX™ models. Archives
March 2025
Categories |