Concierge Health Care and medical services are increasing in demand. For those seeking excellent health care services on a personal basis versus sitting in the traditional doctor’s office/waiting room, Concierge Health Care can now come to your home or office.

This demand for better access and personalized care is driving growth in the concierge medicine industry in the United States, already valued at over $21 billion. For those who do not desire to wait in an office or go to a lab, the alternative may be a concierge healthcare service. These new services are staffed by health care professionals and doctors who are looking to leverage underutilized time. Some of these professionals are involved to complement an income via opportunities to use their unique skills. The professionals who are making Concierge Health Care Services available are actually the new form of Gig Worker/Individual Entrepreneur.

A Concierge Health Care Service usually requires membership in the service. The services provided typically include traditional doctor visits when needed, counseling on health care, essential exams, even lab work. While such services offer convenience at a price, they also offer a more proactive approach to health and wellness. Many of these preventative measures and treatments may be tax-deductible, providing additional financial benefits.  

Valuable time is saved when members of a health care Concierge service bring the services to the patient/member wherever they are when the service is needed.

More demand, better understanding

Overall, more people are paying more attention to their health care and are seeking advice and counseling. Healthcare has historically been reactionary, but technology provides easier access to exams, diagnosis and correlation with data, This includes comprehensive health and wellness assessments for members of the entire family including designing lifestyle and wellness programs for each family member.

While concierge medicine services do provide emergency care, they emphasize preemptive testing, the use of wearable technologies for active monitoring and offer personalized recommendations on wellness routines and lifestyle adjustments. These services serve the whole family.

What price for longevity?

With clients paying up to $40,000 per year for membership, concierge medicine is set to see rapid growth in service providers fighting for a share of market.

There are companies that have already firmly established themselves, like Private Medical, which services over 1,000 wealthy families across the US.

Wellworth Advisors is another notable name targeting family offices and UHNWIs, along with companies like CourMed and focused private client specialists like Dr. Gregory Charlop.

Added value opportunity

While the cost may seem high, the context shifts when compared to brick-and-mortar wellness clubs like Continuum charging $10,000 per month. 

Paying significant annual fees for a personalized healthcare service that provides access to the best professionals anywhere and guides clients through the entire health and wellness journey will become common practice.

It’s also a great value add service for larger Multi-Family Offices to offer their clients, as Dr. Charlop notes.

“The family office marketplace is highly competitive – why would a wealthy individual go to a routine family office when they can go to one that supports them as complete people?”