Business Talk for Entrepreneurs

That Business Show 2.0 is a daily online videocast and podcast that speaks with entrepreneurs and business professionals about business building tips and aims to give the listeners tools, tips and resources to grow their own business. Find it online each morning at www.thatbusinessnetwork.com from 9am to 10am M-F EST.

New Medical Practices To Help Save Money!

07-18-2016

At 8am, we talked with Dr. Michael O’Neal, Founder of Cooperative Med. This is a concierge medical practice in Tampa Bay and is a growing trend in the medical community. In short, concierge medical doctors become a personal patient advocate, filling the role of the primary care doctor through an annual membership fee. Patients can go as often as needed and can reach the Doctor via phone, email and text. The patients that take advantage of concierge medicine received longer visits and much more personalized service and the idea is that insurance should be used for larger, catastrophic events, not primary care doctors. As the burdens of insurance grow, many medical doctors are beginning to practice this form of medicine and it is no longer a perk of the upper classes. Dr. O’Neal founded the first concierge medical practice in the Tampa Bay area in 2002 and it was introduced immediately following completion of his residency training in Family Medicine at the University Of South Florida College Of Medicine, and was the first in the United States ever created from scratch. At that time, there were fewer than 50 physicians in the country practicing in this type of practice format. Now, 14 years later, they are considered leaders in an industry that boasts over 5,000 physicians nationwide. Reach out to them at info@cooperativemed.com or online at www.cooperativemed.com!

We continued the medical discussion at 8:30 as we talked with Dr. Eric J. Crall, Owner of MyDPCdoc Family Medicine. Dr. Crall practices Direct Primary Care Medicine which differs from Concierge Medicine in that he does not work with any insurance. Concierge doctors will accept some insurance but Dr. Crall does not. Dr. Crall views DPC to be a perfect complement to a high deductible insurance plan. Going back to the discussion on concierge medicine, the idea is that insurance should be for expensive, catastrophic events and that basic primary care should be handled by the consumer. For as low as $60/month, people can be covered by Dr. Crall and families for around $150/month. According to Dr. Crall’s website, “the purpose of insurance is to insure against low probability, high-cost events. Imagine if you used your car insurance to pay for routine maintenance like oil changes and tire rotations. The costs of these services would climb in order to pay for the extra cost of billing and collecting from the auto insurance. Instead, these routine expenses are paid out of your budget. So it should be with your primary health needs, saving insurance for unpredictable healthcare expenses. When you need to see your doctor, you should not have any additional expense in the form of copayments or deductibles. At MyDPCdoc Family Medicine, your only expense is the low monthly fee, no matter how often you access my services, virtually or in the office.” Dr. Crall and Jamie also discuss how employers can use DPC as a low cost medical benefit for their staff too. Dr. Crall was also the featured speaker at the last TBBO Main Event and spoke on this topic in depth and took many audience questions. You can watch that presentation on the TBBO YouTube channel here https://www.youtube.com/watch?v=9UqLmh7-aQU and you can catch the replay of this show and any show at www.youtube.com/jamiemeloni or online at www.tampabayradio.com. Reach out to Dr. Crall at 813-321-1783 or online at http://www.mydpcdoc.com!

Categories | business | entrepreneurs | Uncategorized

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Filetype: MP3 - Size: 17.58MB - Duration: 51:13 m (48 kbps 16000 Hz)



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