Introducing Private Medical: The Exclusive Private Physician for Affluent Individuals
In the world of high-net-worth individuals, preserving wealth is a top priority. But what about preserving health? Enter Dr. Jordan Shlain, founder of Private Medical, a groundbreaking healthcare service that caters to the ultra-wealthy. Described as a “family office for your health,” Private Medical offers a highly personalized, all-in-one service that goes beyond traditional concierge medicine.
Founded by Dr. Shlain, Private Medical has revolutionized the concept of healthcare for the wealthy. Unlike other concierge practices that simply provide on-call doctors and faster visits, Private Medical takes a holistic approach to managing a family’s health portfolio. With an in-house team of 135 medical professionals, including physicians, nurses, clinical staff, pharmacists, and medical support professionals, Private Medical offers 24/7 on-call service, home and office visits, and a wide range of services from fitness and dietary tracking to longevity research, surgeries, and medical emergencies.
While the exact pricing details are undisclosed, clients of Private Medical have revealed that the annual membership fee is $40,000 for adult patients and $25,000 for patients under the age of 18. This fee covers the cost of visits, tests, and procedures in-office, but not hospitalization. The rise of family office-style medical practices charging high membership fees reflects the growing wealth among families worth $100 million or more and the increasing demand for hyper-personalized, data-driven healthcare from the aging class of billionaires and millionaires.
Dr. Shlain believes that the current healthcare system has become a “sick care system” due to insurance companies, overloaded doctors, and inflated prices. Private Medical aims to be proactive in preserving the health of its members by running frequent tests and diagnostics, staying updated with the latest research and science, and gathering detailed information about their lifestyle, habits, and work lives. Dr. Shlain’s goal is to provide the best possible care and help members make informed decisions about their health.
Drawing inspiration from high-end hospitality, Dr. Shlain aims to create a five-star hotel service experience for his patients. He describes his role as “70% doctor, 15% psychologist, 10% rabbi, and 1% friend.” Private Medical’s job is not only to provide top-notch medical care but also to protect its patients from the broader medical system. Dr. Shlain has developed relationships with over 4,000 specialists in various fields to connect patients with the right experts for their specific needs.
Technology plays a vital role in Private Medical’s approach to healthcare. The company has developed a platform that allows doctors and patients to easily access data, manage appointments, and streamline workflows. With roots in Silicon Valley, Private Medical is connected to biotech startups and is constantly exploring cutting-edge research and treatments.
Two areas of focus for Private Medical’s wealthy clientele are longevity and sleep. Dr. Shlain emphasizes that there is no magic bullet to reverse time, even for billionaires. The goal is to enable individuals to live with their physical and mental faculties intact for as long as possible, minimizing interactions with the healthcare system.
Private Medical’s success speaks for itself, with over 1,000 wealthy families currently being served. The market for concierge and personalized medical services for the wealthy is projected to grow by more than 50% by 2032, reaching nearly $11 billion a year.
In conclusion, Private Medical is redefining healthcare for affluent individuals by offering a highly personalized, all-in-one service akin to the most sophisticated family offices for investments. With a focus on preserving health and providing proactive care, Private Medical is at the forefront of a growing demand for hyper-personalized, data-driven healthcare. Through its team of experienced medical professionals, cutting-edge technology, and extensive network of specialists, Private Medical ensures that its members receive the best possible care and guidance to maintain their health and well-being.
