FON: The Business of Integrative Health & Medicine
April, 2023
Exploring converting your practice to some form of concierge medicine? Beware giving away the store. Identify the best conversion partner to achieve your goals, and understand the pros and cons of working with a custom conversion consultant versus a large branded franchisor such as MDVIP or SignatureMD.
Depending on your medical specialty, population served, and how you would prefer to practice medicine and get paid, practice options exist beyond CMS and private payers alone.
When COVID hit, many practices were stuck with business models for serving patients and generating revenue that did not bode well for sustainability and growth. Some practices could not weather the storm. Is it time to reinvent your clinic business model?