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About Philippa Kennealy

 

Philippa Kennealy MD MPH CPCC PCC is The Entrepreneurial MD Business Coach who wants to help you build your business!
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« Are we losing sight of what really matters? | Main | What entrepreneurial physician business should I start? »
Friday
May092008

Will concierge medicine save primary care?

5-9-08albertfuchs.jpg

Dr. Albert Fuchs is an ethical purist. That much is clear from our podcast interview today in which the Beverly Hills internist shares his views on his transition from an overworked less-than-satisfied traditional medical practitioner to a streamlined, calm, happy doctor with no immediate plans to quit his concierge practice.

At a patient's urging, he explored the concierge or retainer practice model, discovering its many variations. And realizing that, by cutting back dramatically on his patient load, he could once again become the real physician he had dreamt of being in his medical school days.

Seeking the mentorship of a family member with business experience, he began the transition several years ago by severing ties with the healthcare insurance industry, first with the PPOs and a year later with Medicare.

Paradoxically, he argues that, instead of contributing to the creation of primary care shortages with this model of care, he sees that students considering medicine as a future career are more likely to consider primary care when exposed to the role models of contented physicians providing the care they most enjoy giving to their patients! As opposed to the image many are witnessing today of harrassed, irritable doctors rushing from patient to patient, handling 5 phone calls between rooms, in order to make their "quota".

His advice:

  • decide on whose behalf you are truly willing to work and who your customers really are - insurers or patients?
  • take the high road and offer only those services and that care that is evidence-based. Keep it ethical - only offer what you would have done unto you!

Listen to The Entrepreneurial MD Podcast with Dr Fuchs's refreshing account of how he chose to re-align with his deepest professional values, in his quest for his vision of an ideal practice.

And then rejoin us here for your comments and opinion!

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Reader Comments (3)

It seems that this will be a "hot" topic for some time yet, the principal question being will it lead to a two-tier level of primary care, and will that care be better?
May 9, 2008 | Unregistered CommenterAZReam
Thanks for the information on concierge medicine. It was very interesting to hear about this form of practicing medicine from the doctors point of view.

We recently wrote an article (http://brainblogger.com/2008/06/21/concierge-medicine-the-future-or-the-past/) on concierge medicine at Brain Blogger (http://brainblogger.com/). Concierge medicine is a rising trend in medical practice. But is it worth the cost for the patient or the effort fo the doctors?

We would like to read your comments on our article. Thank you.

Sincerely,
Kelly
June 23, 2008 | Unregistered CommenterKelly
This is the greatest post I have come across so far.I am really pleased to post my comment on this blog .I love your blog by the way, I am gonna have to add you to my list of watched blogs .Thank you for this very useful information. stored it.Thanks again and keep up the good work.
December 18, 2008 | Unregistered CommenterConcierge

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