SignatureMD converts practices to the concierge model (podcast)
[audio src="https://healthbb.files.wordpress.com/2016/02/david-e-williams-interviews-signaturemd.mp3"][/audio]SignatureMD helps physician practices convert to a concierge model. Their approach is a little different in that they offer a hybrid model that doesn't involve kicking any patients out of the practice.I caught up recently with founder and CEO Matthew A. Jacobson. Here's what I asked him.
- (0:18) On-demand medicine is growing fast. There is a lot of excitement about bringing an Uber-type approach to healthcare. I love Uber, so what's wrong with applying the Uber model to healthcare?
- (1:24) You convert practices to concierge practices. What happens when a doctor converts their practice to SignatureMD? What happens to the physician? What happens to the patient?
- (3:05) Besides reducing the number of patients, is there any technology or other approach that's used to boost performance? Or is it really just about reducing the number of patients a physician is responsible for?
- (3:55) What happens to physician income when they make the shift?
- (4:55) When you radically reduce the number of patients a physician is responsibility for, does that harm patients by exacerbating the physician shortage?
- (6:07) Will the emergence of concierge medicine increase the number of new doctors going into primary care?
- (7:21) On your website it says only one of eight physicians you interview is invited to join your team? Why do so few physicians make it all the way down the path?
- (8:35) A lot is changing in healthcare. How will value based payments affect SignatureMD?
- (9:22) How has your offering evolved? How do you expect primary care to evolve?
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By healthcare business consultant David E. Williams, president of Health Business Group.