By Divya Srinivasan Sridhar
This books experiences direct pay company types, clarifies what it truly is, how practices view and feature been capable of create company versions utilizing assorted price buildings together with: expense for care; rate for additional carrier or price for non-covered prone, and expense for provider hybrid types. the writer comprises interviews with physicians and case reviews, a viewpoint on why and the way the topic originated, how and why grew to become vital in a not easy overall healthiness reform setting and indicates tendencies for the long run. The e-book examines the chances of direct pay for making improvements to the perform of medication via higher potency and effectiveness.
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Extra resources for Direct Pay: A Simpler Way to Practice Medicine
Example text
2011) suggest the potential benefits for traditional PCPs who switch to concierge care, especially during unsound economic times. Many PCPs face burn out due to dissatisfaction with their practices; rather than retiring early, closing shop, or switching careers, they may turn to concierge care due to reduced administrative burdens and workload and the potential for financial growth, which may be more likely at direct pay practices than in traditional primary practices. , 2011). A report by the Concierge Medicine Research Collective and Concierge Medicine News (2013) provides results on the state of supply and demand for concierge medicine.
2011) suggest the potential benefits for traditional PCPs who switch to concierge care, especially during unsound economic times. Many PCPs face burn out due to dissatisfaction with their practices; rather than retiring early, closing shop, or switching careers, they may turn to concierge care due to reduced administrative burdens and workload and the potential for financial growth, which may be more likely at direct pay practices than in traditional primary practices. , 2011). A report by the Concierge Medicine Research Collective and Concierge Medicine News (2013) provides results on the state of supply and demand for concierge medicine.
The definition provided to classify oneself as a pure model is that the practice does not accept insurance and may define oneself as either a DPC or a concierge medicine practice. On the other hand, practices are asked to classify themselves as hybrid if they either accept insurance or do not classify themselves as DPC or concierge care. In the section that follows, I describe differences in payment models present at direct pay practices. The interesting component is that the direct pay practices may choose to classify themselves as pure practices operating without insurance, but may utilize nontraditional payment models, such as a fee-for-extra-service or a fee-for-non-covered-service payment model, where both a subscription/monthly membership fee and additional fees are charged per additional lab test or service provided on subsequent visits.