MDVIP

From WikiMD's WELLNESSPEDIA

MDVIP is a Boca Raton, Florida-based company that operates a network of physicians. The company was founded in 2000 and has grown to include over 1,000 physicians serving more than 325,000 patients across the United States. MDVIP operates on a concierge medicine model, where patients pay an annual fee for enhanced healthcare services.

History[edit]

MDVIP was founded in 2000 by Dr. Edward Goldman, Dr. Robert Colton, and Dr. Robert Fields. The company was initially backed by Procter & Gamble, which purchased a majority stake in 2009. In 2014, Procter & Gamble sold MDVIP to Summit Partners, a private equity firm.

Services[edit]

MDVIP physicians provide a range of services, including preventive care, wellness programs, and personalized healthcare plans. The company's model emphasizes a strong doctor-patient relationship, with physicians limiting their practices to no more than 600 patients to ensure personalized care. Patients also have access to their physician 24/7 and can schedule same or next-day appointments.

Criticism[edit]

MDVIP has faced criticism for its business model, with critics arguing that it contributes to healthcare inequality by making high-quality care available only to those who can afford the annual fee. The company has also faced legal challenges, including a 2015 lawsuit in which a jury awarded $8.5 million to the family of a patient who died under the care of an MDVIP-affiliated physician.

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