Why work with us
From Vision to Reality
$1 Million Annual Revenue in ~2 Years
$2 Million Practice in ~3 Years
Welcome to ConsultingMDs, where we believe in exceptional work for exceptional results. We work with you to transform your practice into a thriving relaxing fully satisfying Concierge Medical Practice that prioritizes exceptional patient care and enhanced physician satisfaction. Join us in creating a healthcare environment where both doctors and patients flourish.
Timeline to start a Concierge PRactice
Typical Timeline To A Successful Concierge Medical Practice
(1-3 Weeks)
1. Initial Planning and Assessment
- Feasibility Study: Assess whether converting to a concierge model is viable. This includes evaluating your current patient base, local market demand, competition and financial projections.
- Goals Setting: Define clear objectives for the transition. This may include patient retention goals, revenue targets, and service enhancements.
- Legal and Financial Planning: Consult with legal and financial advisors to understand the regulatory implications, tax considerations, and financial requirements of transitioning to a concierge model.
(2-3 Weeks)
2. Design and Development
-
Service Model Design: Ascertain and configure the services to be offered in the concierge model, such as extended access, personalized care plans, advanced testing, and wellness programs.
- Pricing Structure: Research and Develop a pricing model, including membership tiers and payment options that is at par with the competition in the area.
- Operational Planning: Plan the logistics of running a concierge practice, including staffing, office hours, EHR and automation needs, and patient communication strategies.
- Brand Creation Planning: Launch the brand to represent the new practice that includes website, social media outlets, online directories, offline marketing materials and more.
(4-6 Weeks)
3. Implementation and Transition
- Patient Notification: Inform your current patients about the transition, providing detailed explanations of the new service model, benefits, and costs. This can be done through letters, emails, and personal consultations.
- Technology Integration: Implement necessary technology systems, such as practice management software, patient portals, and telemedicine platforms, to support the concierge model.
- Staff Training: Train your staff on the new processes, including patient interaction, billing, and use of new technology.
- Marketing Campaigns:Launch a marketing campaign to attract new patients, emphasizing the benefits of concierge medicine. This could involve website creation, digital marketing, community outreach, and partnerships with local businesses.
(~ 2 Years since launch)
4. $1 Million Annual Practice Revenue
- Comfortable Practice: Your practice is about 50% full at this point.
(~ 3 Years since launch)
5. $2 Million Annual Practice Revenue
- Reach Full Practice: We help you achieve a full practice in about 3 years since launch.
WHAT WE OFFER
Practice Management & Operational Support
You benefit from a dedicated practice manager that is responsible for smooth operations of your clinic. We assist with anything from administrative tasks to daily operations, providing guidance and support you need to run your practice smoothly. We also have a team of experts ranging from financial experts, to legal experts, ready to assist as need be.
Operational Support
Dedicated Account Manager for the clinic
Automation of critical workflows
Free Customized EMR to use
No-cost Telemedicine platform
Online Scheduling for Patients
Optimize Staff roles
Fully managed membership billingCost Savings
Cost savings on Supplies
Cost Savings on credit card transactions
Cost Savings on EMR
Cost Savings on Telemedicine
Practice Management
Assistance with Hiring
Assistance with compliance
Assistance with conflict resolutions
Contract negotiations
Staff training
OSHA compliance
WHAT WE OFFER
Bespoke Concierge Marketing
We take ownership of marketing for your concierge practice. Our industry leading team with specific expertise in concierge medicine marketing goes to work for you. We undertake comprehensive approach in marketing your practice that includes all aspects of marketing as listed under. We attract and retain the right concierge patients for you.
Concierge Marketing
Multi-channel Marketing Approach
No cost to practice
Highly Reputable Marketing Team
Concierge Website + SEO
Custom-Built Concierge Website just for you
Trendy designs and engaging content
SEO Optimizations: Technical, Local, Medical, Business, and Content SEO.
On-going website and SEO optimizations
Digital/Social Advertising
Targeted digital Advertising
Ads on Google and Facebook
Optimized effective Campaigns
Reputation/Social Media Management
Assistance in building Reputation
Social Media Page Management
Managed Reputation platforms
Negative Review Resolution
Offline Marketing Initiatives
Setup introductions with peers
Facilitate talks at local businesses
Media appearances
Sports Teams introductions
Supplemental Therapies
WHAT WE OFFER
Automation and AI
Stay ahead with the latest technology solutions that enhance patient experience and streamline operations. Enjoy effortless automations of workflows that reduce errors, eliminate redundancies, and save costs. Provide leading edge tools for your patient panel to ease the communications and enhance patient satisfaction.
Technology Implementations
Integrated Scheduling Engine
Automated billing
Automated intakes
Free EHR
HIPAA compliant patient chatsAutomated Workflows
Patient intakes
Appointment Scheduling
Integrated Calendars
Schedule reminders
Patient screens
EHR integration
Membership Billing
Artificial Intelligence
Note taking and EMR integration
Phones management
RCM workflows
WHAT WE OFFER
Memberships, Finances and Revenue Optimization
Maximize your practice's profitability with our expert financial guidance. Our team of experts provide a comprehensive view of your practice’s financials. We also track all finances to minimize losses. Optimal finances, managed billing, and optimized revenues.
Managed Memberships
Data driven Membership rates strategy
Membership Rate Analysis every 6 months
Fully managed Membership Billing
Bank Grade Security for credit card handling
Billing Issues Resolutions
Financials and Control
Direct deposits to your bank account
Accounting oversight to ensure optimal operations
Automated credit card subscriptions and charges
Annual Practice Performance Analysis
Expense reduction strategies
Revenue Optimizations
Savings in credit card processing Automated processing of subscriptions Accounting oversight Subscription Fees optimizationsStrategic Advantages
You are the boss
Maintain full Control of your Practice
Comprehensive Viability Analysis
Research on additional therapies to be offered
Data driven Approach
Periodic Rate Adjustment Recommendations
Growth Planning
Assistance with hiring MDs
WHAT WE OFFER
Legal & Regulatory Compliance
Get advice on key considerations such as federal and state laws, patient contracts, insurance, HIPAA compliance, and financial transparency. Anti-kickback statute, Stark Law, State specific regulations, patient contracts, obtaining appropriate business and practice insurances, HIPAA compliance and others are just some of the aspects that our team advises on.
Compliance
HIPAA Law
Stark Law
Anti-trust kickbacks
State specific regulations
Insurance Contractual stipulations
Patient contracts
Medicare Compliance
WHAT WE OFFER
Future Proofing The Practice
Enjoy greater patient satisfaction with our guidance on the latest therapies, disease detection tools, as well as comprehensive testing protocols for specific diseases.
Strategic Advantages
Maintain full autonomy
Maintain full Control of your Practice
Recommendations on latest advanced therapies
Comprehensive testing protocols implementation for the practice
Practice Growth Planning
Assistance with hiring MDs
Why Work With Us?
Most Importantly
ConsultingMDs helps private practices excel in concierge medicine at every stage. Whether starting out, transitioning, or growing, we provide tailored solutions for patient acquisition, operational efficiency, and financial management, ensuring your practice thrives.
Achieve Work-Life Balance for Physicians
Our services streamline operations and reduce administrative burdens, allowing you to focus more on patient care and achieve a flexible schedule. Enjoy more time for family, hobbies, and self-care.
Achieve Financial Abundance for Physicians
We help enhance your practice’s revenue through effective pricing models, improved patient retention, and new income opportunities, ensuring financial stability and growth while maintaining high care standards.
Align Patient Health with Patient Care
We assist in developing personalized care plans and fostering strong patient relationships, emphasizing preventive care and proactive health management for better patient outcomes and satisfaction.
Practice on Your Own Terms
With ConsultingMDs, you have the freedom to design a practice that reflects your values and goals. Create an environment prioritizing patient care and work-life balance, leading to a fulfilling and impactful career.