Is A Concierge Medicine RECESSION PROOF?

Is A Concierge Medical Practice
RECESSION PROOF?

JANUARY 31, 2010 – The Concierge Medicine Research Collective, an independent health care research center based in Atlanta, GA has released a 12-month summary of its survey results of the concierge medicine marketplace.

The study concluded that at the end of 2009:

+ Over 66% of current U.S. concierge physicians operating practices today are internal medicine specialists.
+ The second most popular medical specialty in concierge medicine is family practice.
+ A surprising finding in this study was the increasing number of concierge ‘dental’ and ‘pediatric’ practices
arising since February of 2009.

“We studied concierge physician growth, the various models used, popular trends, and collected a wide variety of data on different specialties from October of 2007 to December of 2009,” said Michael Tetreault, Executive Director of the Concierge Medicine Research Collective.

A similar poll related to the economy and the recession was conducted online between October 2009 to January 2010 by The Collective’s parent organization, Concierge Medicine Today. Concierge physicians were asked ‘how is your practice performing financially compared to one-year ago?’ Surprisingly, concierge physicians across the U.S. polling data shows:

+ Fifty nine percent (59%) of all current concierge physicians are doing ‘Better’ financially than
one-year ago.
+ Twenty-nine percent (29%) indicated ‘No Change’ and;
+ Twelve percent (12%) indicated ‘Worse.’

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