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And What Is Concierge Medicine?
Have you ever wondered the secret to priority, VIP access to the very best doctors and hospitals? If you have visited Los Angeles recently, you’ll know that any international, UHNW client will have a membership for this – to their very own concierge doctor; which is now massively growing in popularity both in and outside of the USA.
Prompt access to healthcare is a top priority for international citizens – who seek the highest quality healthcare wherever they go. In recent years, concierge medicine has grown in popularity because not only is it membership-based (providing exclusivity), it can offer patients 24/7 access to their own personal doctor. Concierge medicine is well established in the US, but many clients now seek concierge doctors in London; which has become a major hub for an UHNW, international clientele.
Understanding Concierge Medicine
Concierge medicine, often known as ‘retainer medicine’, originated in 1996 in the USA and is an advanced healthcare model where patients pay an annual membership fee to register with their private GP or ‘concierge doctor’, in exchange for a much higher level of service and a smaller, exclusive patient list. This type of care delivery model is a more exclusive form of care that involves 24/7 physician access, same-day appointments, and highly personalised, comprehensive care with expedited specialist and hospital access. Concierge doctors are primary care physicians– e.g. General Practitioners/Family Doctors.
Concierge physicians have a limited, exclusive patient list due to being membership; which enables focus on providing highly personalised care, preventative or regenerative medicine, and priority referrals to secondary care practitioners or hospitals. For example, at HealthClic, we have one of the most exclusive patient lists, with a ratio of 50 families only registered with one HealthClic concierge doctor (private G.P.).
Concierge Doctors in London & UK
Since 2015, Concierge Medicine has also emerged in the UK, offering a higher quality healthcare experience which is beyond the traditional UK private sector, which is now overburdened with patients and waiting lists that are simply unsuitable for an UHNW clientele. The first concierge practice which opened in the UK was HealthClic, offering traditional, American-style concierge medicine services to London’s elite, catering to individuals seeking a higher level of attention and personalised healthcare.
Benefits of Concierge Medicine
Studies on Concierge Medicine
“A two-year data analysis by Qliance Medical Management Inc. indicated that their subscription-based membership model actually saved patients 20% in health care costs due to reduced hospitalizations, specialist visits, and other sick care interventions.” – SOURCE
“Similarly, a published study by MDVIP concluded that their subscription-based membership model reduced patient hospitalizations by over 70%. Staying out of the hospital is priceless for us all.” – SOURCE
Considerations for Concierge Medicine
It is important to note that, while concierge medicine is considered the highest calibre of private healthcare you can access, there is a variety of concierge practices available – from $2,000 annual membership to $25,000. Patients who choose concierge doctors should understand the varying membership fees; which can vary depending on the level of services provided, the exclusivity of the patient list, and the experience of the concierge doctor you are registering with.
In Summary
Nevertheless, Concierge Medicine aims to elevate the patient experience and provides a clear choice for those seeking a more personalised healthcare journey with easy access to medical care, above the usual, traditional Harley Street-style GP practices in the U.K. which are now facing a large burden with 1000s of patients on their patient list.
As the demand for personalised medicine and the international community in the U.K. continues to grow, concierge doctors are likely to continue playing a crucial role in the U.K.’s healthcare system, contributing to improved patient satisfaction and outcomes. By bridging the gap between traditional healthcare and tailored medical services, concierge medicine is revolutionising the way UHNW clients experience and engage with healthcare.