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May 24, 2015 12:16 PM ET

Healthcare Providers and Services

Company Overview of MDVIP, Inc.

Company Overview

MDVIP, Inc. provides personalized primary healthcare services to young and old patients in the United States. The company addresses the physical, mental, and emotional well-being of member patients through preventive care programs, such as one-on-one counseling, diagnostic testing, and wellness evaluations. It offers services in the areas of heart health, diabetes prevention, respiratory health, bone health, hearing, vision, sleep, emotional well-being, sexual health, and weight management. The company was founded in 2000 and is headquartered in Boca Raton, Florida.

1875 NW Corporate Boulevard

Suite 300

Boca Raton, FL 33431

United States

Founded in 2000

Phone:

561-886-1486

Fax:

561-994-6721

Key Executives for MDVIP, Inc.

Chief Executive Officer
President
Executive Chairman
Age: 55
Co-Founder and Director
Chief Financial Officer
Compensation as of Fiscal Year 2014.

MDVIP, Inc. Key Developments

MDVIP Found Responsible for Negligence and Faces False Claims Charges

Searcy Denney Scarola Barnhart & Shipley P.A.announced that a Palm Beach County jury found concierge medical service MDVIP responsible for fraud and false advertising, and awarded approximately $8.5 million to the estate of Joan Beber, a Boca Raton resident whose leg was amputated as a result of MDVIP's failure to deliver the quality medical services promised to its members. In 2008, Mrs. Beber, then a recent MDVIP member, sought medical attention for leg pain and was treated by MDVIP primary care physician, Dr. Charles Metzger Jr. Despite the progressive worsening of her condition, Mrs. Beber was repeatedly misdiagnosed by Metzger and other MDVIP-affiliated staff. Orthopedists, to which Beber was referred by Metzger, and with whom Metzger was supposed to be coordinating Beber's care, were never given medical records or informed of her worsening symptoms information that should have led to the discovery of a serious circulation problem in Ms. Beber's leg that eventually required the above-the-knee amputation. She would spend the next four years dealing with serious phantom pain and struggling to learn to walk on a prosthetic leg, before dying of leukemia in 2012. Ms. Beber's estate was represented at trial by Karen Terry, Jack Scarola, and Andrea Robinson of Searcy Denney Scarola Barnhart & Shipley, P.A. Significantly, the scope of the case extends beyond medical malpractice. During a three-week trial, the Plaintiff's lawyers argued that MDVIP misled Beber and her husband Robert Beber into paying $1,500 each annually for what they were told, verbally and in writing, would be exceptional care provided by a network of exceptional doctors. They charged MDVIP with making false claims as to the qualifications of their doctors, the availability of specialist physicians, and access to top-quality hospitals. The trial concluded on February 9, and the jury delivered its verdict the next day after deliberating for a total of just over six hours. Dr. Metzger and his colleagues settled out of court prior to trial, but those settlements do not diminish the damages for which MDVIP was found to be liable by this jury's verdict. The verdict also carries with it a liability for seven years of attorneys' fees and costs, estimated to add as much as a million dollars or more to the final judgment against MDVIP.

Signature MD Files Suit Against MDVIP over Anti-Competitive Business Practices

Signature MD reported that it is suing a competitor over what it deems anti-competitive and monopolistic behavior in violation of several federal and state laws. In a complaint filed on July 16, SignatureMD alleged that MDVIP entered into agreements with physicians that contain covenants so restrictive that little or no competition is possible in MDVIP-dominated markets. According to the complaint filed in United States District Court for the Central District of California in Los Angeles by Duane Morris, MDVIP operates a concierge medicine membership program in the United States, with approximately 71% market-share nationally.

Bret Jorgensen Rejoins MDVIP as Executive Chairman

MDVIP announced that Bret Jorgensen, the veteran healthcare innovator and former CEO of MDVIP, has been named Executive Chairman of the Board of the personalized healthcare network. With more than 25 years of experience in business operations and technology-enabled health services, Mr. Jorgensen returns to help guide and expand the company following its previously announced acquisition by growth equity investor Summit Partners from Procter & Gamble Company. Mr. Jorgensen begins his new role immediately. Mr. Jorgensen had been MDVIP's CEO during a remarkable growth phase, culminating in its 2009 acquisition by P&G. Mr. Jorgensen is currently on the Board of Kravis Leadership Institute and has served on the board of several other non-profits.

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