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Direct Primary Care Journal (DPC Journal) releases 2017-2018 Annual Report and Market Trends Analysis: Highlights industry trends and efforts in the Direct Primary Care (DPC) market space.

Purchase the 2017-2018 DPC Journal Annual Report and Market Trends Summary Report | Download Now …

DPC has demonstrated growth in some interesting doctor-to-employer partnerships in certain suburban markets. Appearing in 2017, many of these are located in the midwest and southwestern U.S. These “DPC2B” efforts, as we have unofficially labeled them,  have created considerable momentum for DPC in parts of Texas, New Mexico, Colorado and Nebraska. The “DPC2B” component is one of the most exciting and interesting stories we see coming out of the DPC space in the past year.

ATLANTA, GA USA | MARCH 7, 2018 – The Direct Primary Care Journal (DPC Journal) today released its 2017-2018 Annual Report and Market Trends Analysis that highlights industry trends and efforts in the Direct Primary Care (DPC) market space. It features a 2017 Prospective Patient Survey containing the results of more than 1,100 active/real-time patients seeking DPC providers across the U.S., blends polling data trends and graphics, and emphasizes the work of the Physicians whose roles are central to the tenets of DPC to ensure financial stability and growth in the years ahead.

ATLANTA, GA USA | EVENT — OCTOBER 26-27, 2018 – The DPC Journal finds that 41% of practices are female DPC Doctor-owned clinics under the age of 49. Conversely, 36% stated they are male DPC Doctor-owned practices and under the age of 49. The DPC Journal receives daily, real comments from prospective Patients telling them WHY they are actively looking for a DPC Doctor in their area. The DPC Journal records and reports the trends it observes each year.

“2017 was a strong year for DPC, but it was also a hard one,” said Michael Tetreault, Editor of The DPC Journal. “Three significant DPC closures in the space took place. The media and medical contributors took this opportunity to call into question the scalability, viability and long-term feasibility of this monthly subscription-based healthcare business model. It was a year of reflection and rebuilding. In 2018, there are clear indications of DPC’s future path to effectively scale and collaborate with more employers in the future. However, the pathway to achieve such success is not yet clear.”

In the first quarter of 2018, we have received encouraging signals about employer data from three “DPC2B” partnerships. DPC also demonstrated remarkable rural growth in 2017 by Physician Assistants starting their own subscription-based medicine programs in certain markets. In 2017, we saw positive reductions in wait-times by more than 10-minutes per patient, per visit, use of robust telemedicine platforms to communicate more securely with Patients and increases in monthly membership fees between $20-$50/pmpm. Consumer awareness about the program(s) offered is moderately on the rise as is curiosity on how HSAs will play a role in subscription fees in the future. The DPC Journal is optimistic that the underground swell of more cash-only, subscription-based healthcare clinics, similar to the monthly Netflix model, will continue to rise to the surface in 2018.

LISTEN NOW TO THE LATEST EDUCATIONAL SERIES ABOUT ACTIVELY working DPC2B relationships HERE … LISTEN — DOWNLOAD NOW … “DPC2B” is a term loosely used by The DPC Journal to help educate employers, employees and Physicians. Direct Primary Care-to-Business (e.g. DPC2B is similar to B2B) and refers to a situation where one DPC Practice (usually made up of more than one location with multiple Physicians and offices in a particular city/geographic area) makes a commercial transaction or partnership with another business.

Highlights from the Report include:

  • We are following a national trend where younger DPC physicians are entering and few appear to be exiting the space in suburban markets.
  • Approximately 68% of new DPC physicians state they are between the ages of 30-49.
  • 23% of DPC Journal polling respondents indicated that they will not join another network.
  • The average wait time at a DPC practice is less than 10-minutes.
  • 16% hope DPC Doctors can work/partner with more businesses to save healthcare costs for employees in their local area.
  • 15% hope HSA and FSA integration will occur.
  • 47% of Physicians reported that they went into debt to start their DPC medical practice.
  • The DPC Journal finds that 41% of practices are female DPC Doctor-owned clinics under the age of 49. Conversely, 36% stated they are male DPC Doctor-owned practices and under the age of 49.
  • Nearly 10% of DPC Physician polling respondents stated that they believe some DPC clinics today won’t be able to stay in operation due to lack of local consumer interest. The DPC Journal also found that closures of DPC clinics are not being closely monitored nor reported.
  • Less than 18% of DPC Physician stated they believe DPC should be defined by price. A majority of Physicians believe price shouldn’t matter and that the Doctor’s service offering/membership fee should be based upon the services offered, level of education, demographics, etc.
  • In 2017, we saw subscription fee increases in monthly memberships rise by an additional $20-$50/pmpm. In 2018, nearly 8/10 monthly DPC subscription fees are now trending between $51-$99/pmpm.
  • The DPC Journal surveyed over 1,100 actively seeking patients from across the U.S. in 2017 and asked them about their overall ‘faith’ in a Physician in today’s healthcare marketplace. Nearly 60% of those participants surveyed said ‘If DPC was not an option, they would NOT select an M.D. for their next primary care visit. 34% said they would prefer to see a Doctor of Osteopathic (D.O.) Medicine; 14% would prefer to see a Nurse Practitioner (N.P.) and 7% would prefer to see a Physicians Assistant (P.A.).

“There is a mystique, a temperament and a curious fascination about Doctors who spend an inordinate amount of time with their patients. It’s so simple, it’s weird. And today, like it or not, a Patient wants and deserves your time and attention. That’s why they pay the subscription, keep calling you and keep texting you. They want and expect that their Doctor will be ‘present’ and ‘mentally’ dialed-in. We’re hearing routinely that they will leave your [DPC] practice in a matter of weeks if they feel they are not a priority. That’s not fair, but it’s true … While the human spirit is willing to forgive your colleagues for long wait times, errors, staffing, etc., Patients will remember and share what their last Doctor’s office visit was like.” said Michael Tetreault, Editor of CMT/The DPC Journal at the “FORUM” in Atlanta, GA USA last October 2018.

“We never see a Doctor’s office on America’s Best Places to Work. Not surprisingly, the people around us have lost faith in their local Doctor,” said Tetreault. “They’ve simply had too many bad experiences. While the human spirit is willing to forgive, Patients remember what visiting a Doctor’s office is like. They want a change and they will find someone who can spend time with them when their Physician won’t. We took our survey a step further in January of 2018 and began to ask prospective patients seeking care from a subscription-based healthcare provider [DPC, Concierge and the like] across the U.S. to choose ‘Cost’ or ‘Convenience’ over ‘Friendship’ with a Doctor they know, like and can trust. Early findings from this survey are telling us that 7.3 out of every 10 Patients want and choose … ‘Friendship with a Physician they can get to know, like and want to trust!’

Texting Your DPC Physician — Poll/Trends — (C) 2018 The DPC Journal

The report also highlights key trends, including patient recruitment, electoral voting patterns, pricing patterns and more.

About The Direct Primary Care Journal

The Direct Primary Care Journal (The DPC Journal) is an independent trade journal and online news reporting publication observing, reporting and connecting with experts from all facets of the DPC industry. The DPC Journal was created in order to fill an information void found when reporting, interviewing and researching direct primary care, direct-pay medicine and cash-only practices across the U.S. To learn more, visit: www.DirectPrimaryCare.com or www.DocPreneurPress.org.

 

 

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