Although some articles have been written about the pros and cons of integrated medical centers for both doctors and patients, one will have to really dig deep to find something about insurance companies’ reactions to the surge of integrated medical centers nationally. Nonetheless, in order for one to better understand what insurance companies “think”, one should first understand what insurance companies all are about.

Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.

An entity which provides insurance is known as an insurer, insurance company, insurance carrier or underwriter. A person or entity who buys insurance is known as an insured or as a policyholder. The insurance transaction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer’s promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms, and usually involves something in which the insured has an insurable interest established by ownership, possession, or pre-existing relationship.

The insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insurer will compensate the insured. The amount of money charged by the insurer to the policyholder for the coverage set forth in the insurance policy is called the premium. If the insured experiences a loss which is potentially covered by the insurance policy, the insured submits a claim to the insurer for processing by a claims adjuster. The insurer may hedge its own risk by taking out reinsurance, whereby another insurance company agrees to carry some of the risk, especially if the primary insurer deems the risk too large for it to carry.

Being the country’s longest practicing consultant for medically integrated practices, it is my opinion, that insurance companies are not really opposed to integrated medical centers if they are established appropriately and services patients ethically. However, historically, insurance companies have been very concerned that DCs create integrated medical centers primarily to circumvent limitations on chiropractic coverages. 

Case in point, many of my clients have successfully managed very profitable integrated medical centers for decades without ever having any legal issues.

So, in conclusion, can medical integrated centers provide great care and generate great profits? The answer is unequivocally YES, if the center is properly established, managed ethically using appropriate medical protocols.

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COA’s Medical Integration is USA’s most trusted and reputable program. Dr. Dahan, America’s most recognized leading expert authority on Medical Integration has guided thousands of doctors reach their ultimate potentials. Dr. Dahan owned and managed his two clinics for twelve years in Southern California before he became a consultant. His direct and simple approach as well as his ability to take very complex business and life issues and translate them into real life lessons, has been the hallmark of his success. In the fall of 2019, Dr. Dahan was exclusively chosen to host the Doctors Daily Live Radio Show, addressing physicians’ issues while influencing doctors to reach higher potentials. With brilliant marketing strategies, unmatched healthcare consulting experience and clinic integration expertise, Dr. Dahan has so much to offer. A gifted speaker and accomplished writer, Dr. Dahan shares his advice in his unique, informative manner. His Wisdom Podcasts are downloaded by 52,000 global listeners daily. Dr. Dahan also writes blogs for the VJ Posts and has appeared on the Charlie Harary Radio Show. 

https://www.chicagotribune.com/business/ct-healthcare-real-estate-1011-biz-20151009-story.html

https://www.modernhealthcare.com/patient-care/cvs-aggressively-expand-healthcare-services-stores

https://www.ucsf.edu/news/2015/02/122971/ucsf-medical-center-mission-bay-opens-welcomes-131-patients

https://www.multicare.org/news/58-bed-hospital-opens-in-Covington/