1 In 10 Doctor Practices Flee Medicare To Concierge Medicine
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1 In 10 Doctor Practices Flee Medicare To Concierge Medicine
By Bruce Japsen
As Medicare whacks away at what doctors are paid and health insurers move away from paying fees for service to bundled payments, more physicians who own their own practices will start direct pay or concierge medicine in the next one to three years.
New data from a national survey of nearly 14,000 physicians conducted by physician staffing firm Merritt Hawkins for The Physicians Foundation, analyzing 2012 practice patterns, found that 9.6 percent of “practice owners” were planning to convert to concierge practices in the next one to three years.
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