Hospitals cash in on a private equity-backed trend: Concierge physician care.

Non-profit hospitals in the US are adopting concierge physician services, where patients pay annual membership fees of $2,000+ for increased access to their doctors. Critics argue this trend exacerbates primary care shortages and drives up costs, while benefiting hospitals through direct new revenue and recruitment of affluent patients. Concierge physicians, who typically limit their practices to around 300 patients, offer shorter wait times and longer appointments.

April 01, 2024
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