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Concierge Medicine FAQs
Everything you need to know about converting your practice—whether you choose our Full Model, Hybrid Model or a Transitional path from Hybrid to Full.
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Concierge Medicine Basics
What is concierge medicine, and how is it different from my current practice?
Concierge medicine, also called membership medicine, is a model in which patients pay a membership or retainer fee directly to you in exchange for enhanced services—such as longer visits, same- or next-day appointments, 24/7 reachability and a more comprehensive wellness program.
Because you intentionally reduce the number of patients you carry, you can spend more time with each one instead of the 10–15 minute visits typical of a high-volume practice. Insurance and Medicare generally continue to be billed separately for covered medical services; the membership fee covers services that are not reimbursable.
What models does MyCare Concierge offer?
Every physician approaches concierge medicine differently. We offer three paths so you can choose the one that fits your practice, patients and risk tolerance today—and revisit that choice later if your goals change.
- Full Model: Your entire practice converts to membership medicine, your panel becomes more manageable and you are compensated for services such as extra time, phone calls and emails.
- Hybrid Model: You add a concierge membership option while continuing to serve your traditional patients. The concierge time commitment grows with enrollment; generally, 100–125 members require about 6–8 hours per week.
- Transitional Model: You begin with Hybrid and convert to Full when your membership panel and revenue can support it. Our team helps determine which approach best fits your situation.
How do I decide which model is right for me?
The decision depends primarily on how much income you want connected to membership fees versus continued fee-for-service revenue, how comfortable you are reducing or restructuring your panel now versus gradually, and how your patient base is likely to respond.
Our proprietary analytics suite evaluates your panel size, patient socioeconomics, NPS scores and other practice metrics. We walk through the specific economics before you commit to a direction. Solo or small practices without substantial financial cushion often start Hybrid, while physicians ready for a full lifestyle and workload change often choose Full.
Do I have to give up ownership of my practice?
No. Under all three models, you continue to own and operate your practice. MyCare Concierge serves as your management and support partner, helping with membership administration, patient communications, marketing, membership billing support and conversion logistics.
This differs from arrangements in which a physician becomes employed by an existing concierge organization.
Is concierge medicine only for primary care physicians?
No, although it is most common in internal medicine, family medicine and geriatrics. Cardiologists, gynecologists, gastroenterologists and other specialists have also adopted concierge and hybrid models, typically using an episodic or advocacy-based version tailored to their specialty’s care pattern.
Will converting to concierge medicine increase my income?
Generally, yes; however, results depend on the model and how you structure fees relative to your reduced panel and workload.
Full Model physicians typically accept some short-term transition risk in exchange for significantly higher income potential once the panel is established. Hybrid physicians add a new revenue stream alongside existing practice income, offering a potentially more modest increase with less disruption.
We model realistic revenue scenarios using your practice’s actual numbers rather than relying on industry averages.
How long does it take to implement a concierge program?
For most physicians, the process takes approximately three to six months from the decision to move forward through launch. This typically includes patient notification requirements, staff training, marketing and membership enrollment.
Notification periods vary by state and practice and may require several months of advance notice. Hybrid conversions can often move more quickly because the existing panel and day-to-day operations remain largely intact.
Not sure which path fits?
Start with a confidential review of your practice and goals.
Confidential practice consultation
Find the model that fits your practice.
We will review your panel, payer mix, patient demographics and financial goals, then help you compare realistic paths forward.
This FAQ is intended for general informational purposes and does not constitute legal, financial or regulatory advice.
Physicians considering a concierge medicine conversion should consult their own healthcare attorney and financial advisor regarding requirements in their state and specialty.