Dr. Brett Swenson: The Case for a Hybrid Transition

Hint
HintHint
Hybrid
Transition
SwensonMD
PremierCare
• Membership Medicine practice
in Scottsdale, AZ
• 50% Concierge
• 35% DPC pricing/services
• 15% Full DPC
Goals
• Last year - how do we get more physicians to
embrace membership medicine, DPC?
• Fear of taking “the leap”
• Risk averse
• “On a track”
Hybrid Approach
• Reduce risk
• Traditional transition has a cliff
• Introduce patients to Membership option
• Continue to operate FFS practice in parallel
• Wind down FFS practice as Membership
practice grows
Pros
• No hard cutoff
• Unlimited time to introduce Membership
• Personal sales approach
• Time to hone message
Cons
• Managing two separate practices functioning in
one space
• Sales efforts extended over a longer time-frame
• No hard cutoff to prod transition
How did
it work
Keys to Membership
Growth
• Prep marketing materials
• Set aside 5 minutes per patient daily to discuss
membership option
• Hone sales message
Keys to Maintaining Two
Practices at Once
• Block out slots for membership visits
• Always work in membership patients for same-
day appointments
• Answer calls and messages from membership
patients promptly
Biggest Transition
Challenge
• Totally different overhead structures for
membership and FFS practices
• Space
• Staff
• Billing
Why Hybrid
Worked for Me
• Never a moment where the practice was at risk
of going under
• Personal conversation with all of my patients
1 of 11

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Dr. Brett Swenson: The Case for a Hybrid Transition

  • 2. SwensonMD PremierCare • Membership Medicine practice in Scottsdale, AZ • 50% Concierge • 35% DPC pricing/services • 15% Full DPC
  • 3. Goals • Last year - how do we get more physicians to embrace membership medicine, DPC? • Fear of taking “the leap” • Risk averse • “On a track”
  • 4. Hybrid Approach • Reduce risk • Traditional transition has a cliff • Introduce patients to Membership option • Continue to operate FFS practice in parallel • Wind down FFS practice as Membership practice grows
  • 5. Pros • No hard cutoff • Unlimited time to introduce Membership • Personal sales approach • Time to hone message
  • 6. Cons • Managing two separate practices functioning in one space • Sales efforts extended over a longer time-frame • No hard cutoff to prod transition
  • 8. Keys to Membership Growth • Prep marketing materials • Set aside 5 minutes per patient daily to discuss membership option • Hone sales message
  • 9. Keys to Maintaining Two Practices at Once • Block out slots for membership visits • Always work in membership patients for same- day appointments • Answer calls and messages from membership patients promptly
  • 10. Biggest Transition Challenge • Totally different overhead structures for membership and FFS practices • Space • Staff • Billing
  • 11. Why Hybrid Worked for Me • Never a moment where the practice was at risk of going under • Personal conversation with all of my patients