Milestones & Double Digit Growth Mark MDVIP's 10-Year Anniversary
MDVIP, the national leader in personalized, preventive healthcare, announced today that its patient growth continues in the double digits as it prepares to mark its 10-year anniversary and stands at more than 135,000 patients. MDVIP’s continued expansion reflects the mounting number of consumers who are demanding and choosing to have a partnership with their primary care physician amid the millions of individuals who will soon be entering the healthcare system.
The company was founded in 2000, and every year since inception it has experienced double digit growth reflecting the rising interest of patients wanting a closer relationship with their doctor. In a typical practice the doctor has over 2500 patients and an average office visit is only 8 minutes while in an MDVIP practice there are no more than 600 patients with appointments lasting a minimum of 30 minutes and annual physical exams well over an hour.
"We are delighted with the solid expansion we are seeing, and are well positioned to meet the increasing demand of consumers who value a strong partnership with their doctor and the benefit of preventive medicine," said Dan Hecht, CEO, MDVIP. "We believe that preventive healthcare can't be delivered in 8 minute increments. Patients are getting the care they deserve and we are celebrating our tenth year anniversary with the knowledge that we are satisfying the demands of our patients who want to prevent disease and live healthier, happier lives. As a result, we expect our double-digit growth to continue for the next decade."
MDVIP-affiliated practices are significantly smaller than traditional primary care practices allowing physicians to have a more thorough knowledge of patient's medical history, lifestyle, and overall well-being. The cornerstone of the MDVIP program is the annual, comprehensive executive-style physical exam and customized wellness plan, which is not typically provided in most traditional practices. The MDVIP physical includes extensive lab work and diagnostic tests, an EKG, pulmonary function testing, a detailed health risk assessment, lifestyle and nutrition evaluations as well as a customized wellness plan at its completion.
An article written by The New York Times last year concluded that a healthcare model such as MDVIP is recession proof. Even in hard economic times, people are placing a higher priority on their healthcare choices. People want to see their primary care doctor who will be able to continue providing the highest quality of medical care regardless of the direction of national healthcare. Patients in MDVIP-affiliated practices renew their memberships at a rate of 92% annually with a patient satisfaction rating of 96%. In addition, MDVIP patients have significantly fewer hospitalizations than those in non-MDVIP practices.
Predictions about the new healthcare system indicate that more patients will not be seeing their primary care physicians because of the growing number of patients entering the system. Patients will instead be seeing nurse practitioners and other medical extenders to offer the services that primary care physicians no longer have the time to provide.
"People don't understand that there are true alternatives out there in healthcare. MDVIP is a disruptive approach to the conventional conveyor belt model of seeing high volumes of patients," said Mark Murrison, President, MDVIP. "In an MDVIP practice you have your own personal doctor who treats you as an individual and not as a number and doesn’t just take care of you when you’re sick but works with you to stay well."
About MDVIP, Inc.
MDVIP, Inc. was founded in 2000 and is headquartered in Boca Raton, Florida. It is the national leader of personalized, preventive health care. With prevention at the center of its program, MDVIP has proven that its carefully chosen affiliated physicians provide exceptional care and achieve exceptional outcomes. These results include lower hospitalization rates which yield significant cost savings to patients, employers and the healthcare system. MDVIP-affiliated physicians limit their practices to no more than 600 patients and are carefully selected through a rigorous screening process. There are currently over 430 MDVIP-affiliated physicians providing care to over 135,000 patients throughout the country. For more information, visit MDVIP.com.