The Anatomy of Innovation:
Dr. Michael O’Neal & CooperativeMed
By Carol Cortright
There are Edisons and then
there are those content just to flip the switch. There
are Wright brothers and then there are those who show
their boarding pass at the gate. In all things there are
firsts and there are followers.
Dr. Michael O’Neal applied his passion for providing
quality patient care to a new business concept, creating
his own unique practice of “membership medicine,”
breaking ground in a field that, he says, has many
followers but not enough leaders to challenge the status
quo.
Catching the Bug
“It’s corny, really, but going into medicine was
more of a calling than something acquired,” O’Neal
explains. “I knew from a young age that I wanted to be a
physician.” The last O’Neal in the medical profession
was a field surgeon during the Civil War, so it wasn’t
family tradition that lured young Michael into a career
as a doctor. However, O’Neal’s father, a professor with
a Ph.D. in biology, fueled the dream: “He introduced me
to science at a very early age. This stimulated my
curiosity for the life sciences.”
O’Neal also credits Timothy Ganey, Ph.D., an orthopedic
researcher, and John Ogden, M.D., former Chief of
Orthopædics at Yale University, as being instrumental in
helping him develop a scientific thought process and
preparing him for medical school. He added that a
medical mission to Ecuador and his work at the Shriner's
Hospital for Children in Tampa “helped humble me and
reinforced an altruistic focus.”
A Minnesota native, O’Neal received his undergraduate
degree in biology from the University of South Florida,
with medical school training at the Kansas City
University of Medicine and Biosciences. He completed his
residency at USF’s College of Medicine and served as
Chief Resident. He has received recognition for his
scholarly achievements, research and other
contributions, including the American Medical
Association’s Young Physician Leadership Award.
Dr. Determined
“I have a strong work ethic…It’s hard to explain,”
he says. “I’ve stopped trying. (My) story is not about
prestige or money. It’s about innovation and promoting
change.”
O’Neal wanted to do something different within the
medical field; he just didn’t know which business model
would fulfill that desire. Then, during his first year
of residency at USF, he heard about the concierge
approach. In concierge medicine, patient subscribers pay
an annual fee which supports a low-volume practice
environment: doctors and staff are able to provide more
time and energy to fewer patients. Potential benefits
include a more collaborative relationship between the
physician and patient, with a personalized emphasis on
preventative care. “It was appealing to me,” he said.
“It would allow me to better manage my time and provide
better care to my patients. I had at least 2000 patients
as the USF chief of family practice.”
The Seattle doctor that developed concierge medicine in
1996 was the team physician for the NBA Supersonics. “He
created the concept,” O’Neal explains, “because he
realized the level of service to pro athletes was
different than what the general public gets—so why not
develop something we can offer to anybody?” That initial
model created an elitist perception. O’Neal insists it
doesn’t have to be perceived that way; he prefers the
term “membership medicine.” It is just one dialect, a
different version of the same idea. “Controversy is the
stimulus for change,” O’Neal points out. “This business
model has been around for twelve years now. Less than
one percent of physician practices are set up this
way—it is in no way a threat to more traditional medical
structures.”
O’Neal strongly believes that healthcare reform should
include “the voice of proactive physician dissenters
whose priority is to transition power back into the
hands of the patient and physician, expanding choice and
diversity.” He clarifies, “Our system produces new
doctors that are not sufficiently prepared to become
major contributors to reform. Physician-entrepreneurs
are in the minority. Young physicians tend more to
assume the role of follower and not leader; they are a
byproduct of the system.”
O’Neal found that the USF family medicine residency
program offered a small amount of business training in
the curriculum, so he educated himself along the way.
“It took me three years to write the business plan.” He
cites on-the-job experience as an important teacher and
relates how it’s all worked together for him. “I was
born an entrepreneur, trained to be a physician, and now
I’m learning to be a businessman.”
This is one entrepreneur who refuses to fail: “I do not
get distracted by obstacles. I stay focused on my goals
and I do not worry what other people think.” He also has
a tendency to do everything himself, a potentially
exhausting trait that hardworking go-getters often
share. He says that he can now spot the red flags when
he’s slipping into that pattern, and while it’s still
difficult to relinquish that control, he’s learned over
the last few years to distribute the workload.
Vitamin T(E-A-M)
One person who helps shoulder the challenge of
running a membership medicine operation is
CooperativeMed’s CFO, Steve Chewcaskie. “Steve never
gets any attention,” says O’Neal, but his contribution
is enormous, especially with his past experience in
marketing and finance with companies including Bell
Atlantic and Hertz, and current work with Turneffe
Direct Marketing Group.
O’Neal discovered his talents when Chewcaskie was his
patient in the days before CooperativeMed: “His business
savvy always intrigued me. I said to him, ‘Someday we
should work on a business plan together.’ Steve
understands and believes in the concept. His
professional background is very valuable.” In fact, any
budding entrepreneur whose core skill set does not
include a grounded aptitude for business would do well
to find a partner, mentor or advisor who can support
that function, at least initially. With an MBA in
finance and a significant amount of corporate experience
at the executive level, Chewcaskie is O’Neal’s go-to guy
when he needs a sounding board or is considering
implementing new ideas.
On maintaining a workplace environment that keeps
O’Neal’s mission on track, staff members witness his
passion and dedication daily: “It spills over without me
having to say anything. It empowers them without words.”
Chronic Can-do Attitude
Putting his new practice together from scratch and
maintaining momentum was like swimming upstream. “I
started with no capital, no patients, no ability to
advertise,” he recalls. “Everyone thought it was
impossible. No banks gave me loans. It’s been media
attention and word of mouth.” The drive to succeed was
so strong and the financial limitations so great in the
early stages that O’Neal found himself sleeping in his
car and office to make ends meet while getting his
monumental enterprise off the ground.
Even after hitting the half-decade mark, CooperativeMed
keeps its founder on his toes. O’Neal sighs when
contemplating whether or not the learning curve is
behind him. “That’s a tough one,” he admits. “Feeling
like you’ve got everything in control engenders
complacency. I feel like I have to be on top of my game
every single day. I love being a physician. I refused to
be put into a position where I didn’t want to go to work
each morning. I worked so hard to get into medical
school and to be a doctor. I’m frightened that I won’t
live up to my own expectations or my patients’
expectations.”
O’Neal laughs when asked if he ever had second thoughts
about charting new territory in the medical practice
field. “I was naïve to the business side initially. If
I’d known (what it would be like) I would have turned
and run the other way. That’s why I think what I’ve
achieved is not about money—it’s about being an
innovator, a trail blazer. I want to motivate young
physicians to explore the entrepreneurial side. I would
like to see more young physicians challenge the status
quo. It’s essential that they promote change.”
With a measure of confidence, he says, “I don’t think
it’s possible for me to get burned out.” A typical day
for O’Neal is never just another boring day in the
office. He cites an example: “Yesterday, I saw patients
in the South Tampa office, saw patients in the North
Pinellas office, saw patients in two hospitals, and then
spent the evening with the Toronto Blue Jays.”
He refers to his involvement with the team: “I may be
the youngest doctor in baseball. I became their primary
care physician formally in 2003. I coordinate care for
major and minor team players. The major league team
comes to Florida nine times a year to play the Rays. I
travel about twice a year with the team. I’ve
incorporated them into my practice so they’re not a
distraction from my other clients.”
A Healthy Outlook
O’Neal played a variety of sports throughout school
and into his college years, so during those rare leisure
moments, outdoor activities often get his attention. But
what he really enjoys is writing: “For me, it’s
therapeutic. I’ve published medical articles in journals
around the world. Writing is a tremendous escape for
me.” He also lends his time and expertise to community
organizations, including the Winning Inning Foundation
board and playing guest lecturer at opera great Sherrill
Milnes’ V.O.I.C.Experience workshop.
O’Neal’s long-term business plan includes operating two
or more fully functioning medical membership practices
and adding more physicians. Additionally, he hopes to
shift some of his focus toward doing more research and
lobbying politicians on sensitive health care topics.
“When I came out of my residency, I had no idea, desire
or even a remote thought that I’d be a lobbyist,” he
says, “but immediately upon launching the concept, I
discovered that my role would have to be to educate
consumers, politicians, other physicians. Six years
later, I’m still doing it, but it’s getting easier.”
Today, Dr. Michael O’Neal is considered an authority on
the concept of membership medicine. Although O’Neal
calls the Tampa Bay area “an average market” for his
unique brand of medicine, he’s committed to making it
work. He acknowledges that “it’s a much greater
challenge here, but the challenge has allowed me to
become a better person. I used to think that one person
couldn’t make a difference but now I know that it’s
definitely possible.”
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