Austin Chamber Of Commerce - Blog: How 360MD Is Disrupting The Traditional Healthcare Model

Austin TX

24 November, 2021

11:18 AM

Description

Press release from the Austin Chamber of Commerce - Blog: 11/23/2021 Picture this: It's Monday morning and you're trying to keep a scratchy throat at bay. After a couple rounds of over-the-counter medications, the situation isn't improving. You finally decide to ring your primary care physician only to discover you have two options: schedule an appointment five months out or take your chances at an urgent care sitting for hours next to other patients that are battling their own bugs and viruses. It's a common, albeit aggravating scenario. Our nation's collective frustration with healthcare isn't just relegated to timely care, though. Hidden treatment costs, insurance coverage (or lack thereof), and an increasingly overburdened medical workforce is making what should be a basic human right — access to good health care — a privilege. In fact, according to an analysis of the Bureau of Labor Statistics Consumer Expenditures Survey, the average American household spent almost $5,000 per person on health care in 2018. That's a 101% increase from the roughly $2,500 per person that Americans spent about 34 years ago in 1984 (prices have been adjusted for inflation). 360MD is changing that. Conveniently located in downtown Austin, this fully integrative practice is upending the traditional model of medicine and insurance to benefit the person who matters most: you. Guaranteed same or next-day appointments: In a typical fee-for-service practice, a doctor sees 20-30 patients per day, allowing five to 15 minutes per patient. At 360MD, all patients' initial appointments are 60 minutes and follow-ups are at least 30 minutes long — patients never feel rushed. Frequent and direct communication: 360MD communicates directly through phone, text, email and Healthie, a tech-forward app. There's no confusing portal to navigate or front office to get through to speak to a doctor. Affordability: Patients pay a low monthly membership fee regardless of their insurance status. That gives them access to all premium services including office visits with no copays, guaranteed same or next day appointments, and direct access to their doctor. Patients can cancel anytime; there's no long-term commitment or buy-in. Transparency: At 360 MD, patients know exactly what they'll be paying for upfront — no hidden fees. Not only are primary care services offered for one low monthly fee, 360MD has agreements with testing and other services that provide up to 90% discounts. This press release was produced by the Austin Chamber of Commerce - Blog. The views expressed here are the author's own.