MDVIP

MDVIP is a U.S. healthcare services company headquartered in Boca Raton, Florida. It operates a national network of physicians whose practices use a concierge-medicine model centered on preventive care, personalized primary care, and closer physician-patient access. Rather than functioning primarily as a conventional hospital operator or directly employing all of the doctors in its network, MDVIP supports independent physician practices through branding, patient-conversion assistance, marketing, administrative resources, and technology. The company was founded in Boca Raton in 2000. Its model supplements ordinary insurance reimbursement with an annual membership fee paid by patients. According to the description of the business, the annual charge has generally ranged from approximately $2,500 to $5,000, while patients remain responsible for applicable co-payments and co-insurance and are expected to maintain primary-care insurance coverage, including Medicare where applicable. Participating physicians pay MDVIP a royalty or franchise fee equal to one-third of the membership fee per patient per year in return for the company's support services. A central feature of the model is a deliberately limited patient panel. MDVIP physicians care for up to about 600 patients, compared with roughly 2,500 to 3,500 patients in a traditional primary-care practice as described in the reference material. The smaller panel is intended to give doctors more time for prevention, communication, and care coordination. Patients receive a comprehensive physical examination and a follow-up wellness plan that may address areas such as diet, exercise, and other health behaviors. The service also includes electronic medical records and a personalized patient portal. MDVIP describes additional benefits associated with participating practices as including acute-care visits, same-day or next-day appointment availability, on-time appointments, around-the-clock physician availability, and enhanced coordination with specialists. The precise delivery of these services can depend on the individual physician practice, since the doctors are not directly employed by MDVIP. The company's role is therefore best understood as a branded physician-network and practice-support platform rather than a conventional hospital system. The company has changed financial ownership several times. Summit Partners acquired MDVIP from Procter & Gamble in June 2014. Leonard Green & Partners acquired majority ownership in November 2017. In October 2021, Goldman Sachs Asset Management's Private Equity group and Charlesbank Capital Partners completed an acquisition from Leonard Green & Partners and Summit Partners. The available reference material describes MDVIP as having a network of approximately 1,300 physicians serving more than 400,000 patients in 45 states and the District of Columbia. These figures describe the network at the time of the cited source and may change over time. MDVIP's positioning reflects the broader concierge-medicine sector: it offers a more accessible and relationship-oriented primary-care experience in exchange for a recurring membership payment layered on top of conventional healthcare coverage. Its value proposition emphasizes prevention, responsiveness, continuity, and coordination rather than treatment delivered through a high-volume primary-care panel.

MDVIP was founded in Boca Raton, Florida, in 2000 to develop and support a concierge-medicine model for primary-care physicians. Concierge medicine generally differs from conventional primary care by combining insurance billing with a separate membership or retainer fee. In MDVIP's model, the membership payment supports a smaller patient panel and a set of services intended to make preventive and ongoing primary care more accessible and personalized. The company's physicians are not directly employed by MDVIP. Instead, participating doctors operate their own practices while using MDVIP's network, brand, marketing resources, patient-conversion support, and other practice services. The physicians pay a royalty or franchise fee to MDVIP equal to one-third of the annual membership fee per patient per year. This arrangement makes MDVIP a physician-network and practice-support business rather than a traditional hospital chain. The operating model is built around limiting each participating physician's panel to as many as approximately 600 patients. The reference description contrasts this with an estimated 2,500 to 3,500 patients in a traditional primary-care practice. The smaller panel is designed to create more time for comprehensive examinations, prevention, communication, and coordination with specialists. Patients receive a physical examination and a follow-up wellness plan, along with electronic medical records and access to a personalized patient portal. MDVIP also describes acute-care access, same-day or next-day appointments, on-time visits, 24-hour physician availability, and enhanced specialty-care coordination as additional benefits of the model. The service is financed through an annual patient fee, described in the reference material as generally ranging from $2,500 to $5,000. This payment does not replace ordinary medical insurance. Patients remain responsible for applicable co-payments and co-insurance and are expected to retain primary-care coverage, including Medicare when relevant. The membership fee therefore functions as an additional charge for the enhanced access and practice structure associated with the MDVIP program. MDVIP experienced a series of private-equity ownership changes during its expansion. Summit Partners acquired the company from Procter & Gamble in June 2014. Leonard Green & Partners acquired majority ownership in November 2017. In October 2021, Goldman Sachs Asset Management's Private Equity group and Charlesbank Capital Partners completed the purchase of MDVIP from Leonard Green & Partners and Summit Partners. The available reference material describes a network of approximately 1,300 physicians serving more than 400,000 patients across 45 states and the District of Columbia. Those figures indicate the scale of the network at the time of the cited description, but no current operating figures are established here. MDVIP's historical development reflects the expansion of concierge medicine as an alternative to high-volume primary care. Its identity remains tied to prevention, ongoing physician relationships, limited patient panels, and a paid membership structure layered on top of insurance-based care.

• 2021

  Goldman Sachs Asset Management and Charlesbank acquire MDVIP

  [1]MDVIPen.wikipedia.org

  In October 2021, Goldman Sachs Asset Management's Private Equity group and Charlesbank Capital Partners completed the acquisition of MDVIP from Leonard Green & Partners and Summit Partners.

• 2017

  Leonard Green & Partners takes majority ownership

  [1]MDVIPen.wikipedia.org

  In November 2017, Leonard Green & Partners acquired majority ownership of MDVIP.

• 2014

  Summit Partners acquires MDVIP

  [1]MDVIPen.wikipedia.org

  In June 2014, Summit Partners acquired MDVIP from Procter & Gamble.

• 2000

  MDVIP founded in Boca Raton

  [1]MDVIPen.wikipedia.org

  MDVIP was established in Boca Raton, Florida, as a company focused on personalized, preventive, and concierge primary-care services.

A premium, membership-based concierge-medicine platform focused on preventive care, smaller physician panels, personalized primary-care relationships, and enhanced access. MDVIP supplements insurance-based healthcare with an annual patient membership fee and supports participating physicians rather than directly employing them.

• Concierge primary care · 2000

  MDVIP physician membership program

  The core MDVIP offering is an annual membership arrangement linking patients with participating primary-care physicians. The program is intended to provide a smaller patient panel, more direct communication, improved appointment access, and a stronger emphasis on prevention than is typical of high-volume primary care. Patients continue to use ordinary insurance for covered medical services and remain responsible for applicable cost sharing.

• Preventive care

  Comprehensive physical examination and wellness plan

  Participating patients receive a comprehensive physical examination followed by a personalized wellness plan. The plan is designed to focus on preventive health and may address lifestyle areas such as diet and exercise, together with ongoing communication between the patient and physician.

• Digital health services

  Personalized patient portal and electronic medical records

  MDVIP-supported practices provide electronic medical records and a personalized patient portal. These tools are intended to support communication, access to health information, and continuity of care within the physician-patient relationship.

• Healthcare practice services · 2000

  Physician practice-support platform

  MDVIP supports independent physicians with patient-conversion assistance, marketing, branding, and related practice resources. Physicians pay a royalty or franchise fee tied to membership revenue, while retaining responsibility for operating their medical practices.

• 2021

  Acquisition by Goldman Sachs Asset Management and CharlesbankM&A

  Background

  MDVIP was sold after ownership by Leonard Green & Partners and Summit Partners.

  Action taken

  Goldman Sachs Asset Management's Private Equity group and Charlesbank Capital Partners completed the acquisition of MDVIP in October 2021.

  Aftermath

  The transaction established Goldman Sachs Asset Management and Charlesbank as the subsequent financial owners identified in the reference material.

  Source

• 2017

  Majority investment by Leonard Green & PartnersM&A

  Background

  MDVIP continued its private-equity ownership sequence after the 2014 acquisition by Summit Partners.

  Action taken

  Leonard Green & Partners acquired majority ownership of MDVIP in November 2017.

  Aftermath

  MDVIP remained under private-equity ownership until the acquisition completed by Goldman Sachs Asset Management and Charlesbank in 2021.

  Source

• 2014

  Sale of MDVIP to Summit PartnersM&A

  Background

  MDVIP changed ownership during its development as a national concierge-medicine network.

  Action taken

  Summit Partners acquired MDVIP from Procter & Gamble in June 2014.

  Aftermath

  The transaction placed MDVIP under Summit Partners' ownership before a later majority investment by Leonard Green & Partners.

  Source

• 2021

  Goldman Sachs Asset Management and Charlesbank complete MDVIP acquisition[1]MDVIPen.wikipedia.org

  M&A

  Goldman Sachs Asset Management's Private Equity group and Charlesbank Capital Partners completed the acquisition of MDVIP from Leonard Green & Partners and Summit Partners in October 2021.

• 2017

  Leonard Green & Partners acquires majority ownership of MDVIP[1]MDVIPen.wikipedia.org

  M&A

  Leonard Green & Partners acquired majority ownership of MDVIP in November 2017, with Summit Partners remaining part of the ownership history described in the reference material.

• 2014

  Summit Partners acquires MDVIP from Procter & Gamble[1]MDVIPen.wikipedia.org

  M&A

  Summit Partners completed the acquisition of MDVIP from Procter & Gamble in June 2014, marking a change in ownership for the concierge-medicine company.

1. 1MDVIPen.wikipedia.org
2. 2Goldman Sachs Asset Management and Charlesbank Capital Partners Complete Acquisition of MDVIP Primary Care Networkprnewswire.com