4 Distinguishing Differences Between Direct Primary Care and Concierge Medicine
March 23, 2016
Doctors and patients alike are often confused about the difference between direct primary care (DPC) and concierge medicine. Given the similarities between the two patient care models, it’s easy to understand the confusion. Both give doctors the ability to spend more quality, one-on-one time with their patients. Both give patients direct access to doctors and flexibility in scheduling and receiving their care. Here are four distinguishing differences between DPC and concierge medicine.
1. Revenue Streams. DPC practices have one revenue stream: monthly subscription patient fees. In the traditional DPC practice, the physician no longer accepts any form of insurance. Concierge practices on the other hand collect annual membership fees for non-covered services while continuing to bill insurance or Medicare for actual covered medical visits.
2. Patient Base. DPC doctors typically treat Generation X and Millennial patients with an annual household income of less than $50,000. Concierge doctors tend to treat those over 45 with a heavier concentration on Baby Boomers who earn over $75,000 a year.
3. Practice Services. While DPC doctors practice primary and preventive care, urgent care, chronic disease management and wellness support, concierge doctors provide all these services and an even greater range of primary care services and attention, such as expanded physicals, a personalized wellness plan, and after-hours availability via cell phone and email.
4. Membership Fees. In both the DPC and concierge model, patients pay a fee to get direct access to a physician. DPC physicians typically collect lower fees from patients than concierge doctors. While there’s no hard and fast rule, monthly fees at direct practices generally range from $25-$85, while monthly fees at concierge practices typically range from $125-$250.
Do you need help converting your traditional medical practice? Cypress Concierge Medicine’s consultants are here to provide direction and support. Contact us today to learn more.