Biotech
Monday, April 22nd, 2024 6:54 pm EDT
Key Points
- Private Medical: A New Paradigm in Health Care: Private Medical, led by Dr. Jordan Shlain, revolutionizes health care for the ultra-wealthy, offering a personalized, all-in-one service akin to family offices for investments, managing a family’s entire health portfolio, including fitness, dietary tracking, surgeries, and emergencies, with offices across multiple locations serving over 1,000 wealthy families.
- Membership-Based Model and Pricing: Private Medical operates on a membership basis, with annual fees reportedly ranging from $25,000 for patients under 18 to $40,000 for adults, covering visits, tests, and procedures in-office, reflecting a rise in family office-style medical practices catering to affluent individuals seeking hyper-personalized health care.
- Focus on Proactive Care and Access: With a proactive approach, Private Medical aims to counteract what Shlain criticizes as a “sick care system,” offering frequent tests, diagnostics, and personalized treatment plans. Access to specialists, biotech startups, and cutting-edge research, alongside personalized medical kits and technology, underscores the commitment to optimizing health outcomes for wealthy clientele.
Dr. Jordan Shlain has redefined medical care with Private Medical, likening it to a “family office for your health,” emphasizing the preservation of health as paramount, much like preserving wealth in family offices. Private Medical offers a highly personalized, all-in-one service akin to sophisticated family offices for investments, managing a family’s entire health portfolio, from fitness and dietary tracking to surgeries and emergencies, for over 1,000 wealthy families across multiple locations. With a team of 135 medical professionals providing 24/7 on-call service, Private Medical operates on a membership basis, charging annual fees, which reportedly range from $25,000 for patients under 18 to $40,000 for adults. This model reflects a trend in family office-style medical practices catering to ultra-wealthy individuals, driven by growing demand for hyper-personalized health care. Shlain criticizes the conventional health-care system as a “sick care system,” aiming to offer proactive care through frequent tests, personalized diagnostics, and comprehensive lifestyle assessments. Leveraging his background in high-end hospitality, Shlain delivers personalized medical kits for travel emergencies and fosters relationships with specialists and biotech startups for cutting-edge treatments and research. Private Medical’s emphasis on technology, longevity, and sleep underscores its commitment to optimizing health outcomes for its affluent clientele, epitomizing the convergence of elite medical care and concierge services.
For the full original article on CNBC, please click here: https://www.cnbc.com/2024/04/22/meet-the-private-doctor-to-the-wealthy-at-40000-a-year.html
