LISTEN | ALL-NEW INTERVIEW– LIVE
By Michael Tetreault, Editor in Chief | The DPC Journal | Concierge Medicine Today
Description: (“Brand X” may incl. Evidence-Based Medicine Outcome Data, mHealth, Genetic Testing, Whole Genome Sequencing, Data, foreign and domestic advanced medical research, Apps, health coaching and more).
In this episode, James J. Eischen, Jr., Esq., of McGlinchey Stafford PLLC catches up with The DocPreneur Podcast host Michael Tetreault. They discuss the emerging market of “BRAND X” in private medicine.
“This is really going to take off and it is another version of private medicine. It is not necessarily an exclusive category [at this time],” says Eischen. “It may include mHealth, Genetic Testing, Apps, health coaching, etc. It seems to be an opportunity to explore. It has the same challenges as private medicine. It [also] has some advantages over the other models for using HSA or FSA dollars.”
Concierge Medicine Today (CMT), the national trade publication, recently released a statement discussing the role of other technologies and their use and application in private, direct medicine. To Read these statements, go to: conciergemedicinetoday.org/category/cm…statements/
“If I were to ask you to describe how you picture your life in ten years, chances are you could paint a fairly clear picture,” adds Tetreault. “DNA data with the continuous interaction and direction of a [Concierge or DPC] physician ushers in a healthcare utopia. In this way, it simplifies decision making using data, not practice.”
James Eischen is a California attorney (McGlinchey Stafford PLLC | Telephone (949) 381-5925) with nearly 30 years of experience representing commercial interests locally, nationally, and internationally. His clients have included life science companies, national healthcare enterprises, medical groups/physicians, software/IT companies, health plans, industrial enterprises, financial institutions, real estate developers/managers, and telecommunications conglomerates. He has extensive experience managing all facets of business representation, from formation to contractual relations and managing disputes and transitions. He has experience working with mergers and acquisitions, shareholder/board issues, IP transactions, venture capital investment, and general employment risk management and documentation.
Since 2009, Jim has worked with clients in matters involving health care and privacy licensing and regulatory issues, including Medicare compliance and physician compensation and private direct fee business modeling and compliance. His practice includes assisting various national enterprises (including life science companies) with regulatory compliance that encompasses healthcare, data, and physician integration structuring. He advises clients in matters connected to reimbursement, contracts, interdisciplinary health professional employment and labor issues, HIPAA compliance, and the fast-growing membership-based connected care, direct primary care (DPC) concierge practices and related enterprise models (including models designed to operate with employer funding). Jim has done credentialing work for physician independent practice associations (IPAs), and has experience structuring physician practice purchase and employment structures, and assisting companies delivering wellness products or programs, to ensure reimbursement and privacy compliance.
Jim is noted for his work in structuring consumer/patient financial contribution and reimbursement models for private/concierge medical groups and for helping health care IT product developers to achieve federal legal compliance. He has worked as a consultant/founder with medical groups, electronic health record software firms, cardiovascular testing and health coaching enterprises, and venture capital groups exploring health care opportunities.
As an authority within the direct/private medical law field, Jim is frequently featured as a guest speaker at American Academy of Family Physicians (AAFP), American Academy of Private Physicians (AAPP), the American College of Private Physicians (ACPP), the XL Concierge conference, and various other national organizations. He regularly writes about different topics in health care and data privacy law and policy. Jim is also providing direct medicine billing compliance presentations for various integrative medicine groups throughout the country. Jim enthusiastically works to enable private medical solutions that enhance wellness while decreasing plan utilization, and to support health care IT innovations nationally and internationally.
Private Medicine Practice Support
Because private medicine practice and practice administrative support model formation work involves primarily federal laws, Jim handles these projects throughout the United States and coordinates with local counsel in states other than California (where he is licensed to practice law) regarding specific state law issues.
Jim provides preliminary guidance on practice formation options. His practice formation work involves legal guidance on the private direct medicine practice structure matching the physician’s vision of delivering care; assembling the physician-patient agreement, electronic communications agreement, and HIPAA Final Rule updated forms; and providing guidance on implementation of those forms. Jim also reviews and comments on all marketing communications to work toward ensuring the practice contract documents and related marketing materials express a consistent compliance posture.
EDITOR’S NOTE on the ABOVE INTERVIEW: “What we’ve learned in healthcare innovation of the past decade is that when new terms are introduced into the marketplace, the terminology that the ‘media’ uses mosts, wins. It will be exciting to see this emerging third discovery in private medicine evolve over the next several months …” ~Michael Tetreault, Editor, CMT, The DPC Journal