Medscape Physician Compensation Report 2016; Carol Peckham
APRIL 1, 2016 – Despite considerable attention, cash-only and concierge practices are still not significant payment models. In fact, as found in Medscape’s Physician Compensation Reports, concierge practice has stayed at around 3% for the past 3 years. Cash practices saw a slight increase this year (6% vs 5% last year). Travis Singleton of Merritt Hawkins observed that in order to avoid the pressure of private practice, the “escape hatch” for many physicians has been employment rather than changing to concierge medicine. However, he has seen a continual increase in the “direct pay” model and urgent care delivery. Current and future participation in ACOs is still increasing, at 39% this year compared with 37% in last year’s report.
SOURCES: Medscape Physician Compensation Report 2016; Carol Peckham | April 1, 2016 — http://www.medscape.com/features/slideshow/compensation/2016/public/overview#page=19; http://www.hmsreview.org/?article=cash-concierge-based-medicine-roles-health-care-payment-landscape