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Monarch

Frequently asked questions

These are the questions physicians ask us most, including the hard ones. If yours isn’t here, we’ll answer it plainly.

Start with a practice assessment
The model
Will Monarch own my practice?

No, Monarch does not own your practice. You maintain full ownership and clinical autonomy over your practice. Monarch provides the operational infrastructure, business expertise, and support services needed to help you successfully transition to and grow a concierge medical practice.

Will Monarch buy my practice or employ me?

No. Monarch is not an owner of any share of your practice, your revenue or your governance, and it is not your employer or the one who makes your clinical decisions. You keep 100% ownership and clinical autonomy.

Which physicians does Monarch work with?

Monarch is built for women’s health physicians: OB/GYN, family practice, internal medicine and urology practice owners who want to build independent, membership-based practices.

How is Monarch different from MDVIP or other concierge companies?

Monarch specializes in enabling concierge medical practices focused on personalized, whole-person care for women. Our expertise in this niche allows us to provide tailored support and strategies that truly address the needs of your patients and your practice.

Do I have to be on call 24/7?

No, Monarch’s model is designed to enhance your work-life balance while ensuring exceptional patient care. We manage your after-hours and weekend patient communications so you don’t feel like you’re constantly on call. Additionally, we offer after-hours and weekend virtual urgent care for your patients, giving you the freedom to take vacations, spend quality time with your family, and enjoy a fulfilling personal life with peace of mind.

Will I still need my own staff?

Yes. Your practice has its own team, including an office manager, and Monarch helps you hire and train them.

What kind of training and onboarding does Monarch provide?

Monarch provides a thorough onboarding process to ensure a smooth transition. This includes training on our systems, marketing and sales guidance, patient communication strategies, and continued support to help you thrive in your concierge practice. Additionally, Monarch has in-house experts specializing in areas such as menopause hormone replacement therapy, menopause and cancer survivorship, obesity medicine, and cardiac screening. Physicians have the opportunity to learn or refresh their knowledge in these areas from some of the top experts in the field, with mentorship opportunities available to support ongoing professional growth and excellence.

How does Monarch support my practice’s growth?

Monarch offers comprehensive marketing, sales, and patient conversion support to help grow your practice. This includes customized marketing campaigns, patient outreach strategies, and sales funnel optimization to attract and retain membership patients effectively.

Will I have access to ongoing support from Monarch?

Yes, Monarch offers ongoing operational, marketing, and technical support to help you continually improve your practice. We are your long-term partner, dedicated to your success and satisfaction.

Can I talk to a Monarch physician before deciding?

Yes. We’ll connect you with a Monarch physician whose practice looks like yours, so you can ask the questions you would only ask a peer. Request a conversation.

Money
If Monarch takes no equity, how does it make money?

Monarch is paid a fee for its platform and services, and is transparent about it. Monarch takes no ownership of your practice, your revenue or your governance.

What could I earn?

Your practice’s revenue potential depends on factors such as pricing, panel size, and service structure. As part of our application process, we conduct a comprehensive panel analysis to develop detailed financial projections tailored to your practice. This ensures you have a clear, data-driven understanding of your expected revenue and growth potential.

Does Monarch invest in my practice?

Yes, Monarch makes a substantial financial investment to support the growth and success of your practice. This investment covers areas such as operational setup, marketing, technology infrastructure, and patient acquisition strategies. Our goal is to provide you with the resources and support needed to establish and expand a thriving concierge practice, while you retain full ownership and control over your clinical decisions.

Your patients
Can I keep my patients when I make the move?

Yes, you can maintain your existing patients. We work with you to develop a strategic approach to transitioning patients to the concierge model and retaining those who wish to continue receiving your care.

Do I need to leave my current practice or office?

You don’t necessarily need to leave your current practice or office to start your own. Many physicians can continue seeing patients in the same space. It depends on your existing setup, and we’re happy to walk you through what’s possible.

This is not a way out of medicine. It is the way back to it.

It starts with a 30-minute conversation and a practice assessment built on your own numbers.