Procter & Gamble Acquires 100% of Concierge Physician Network MDVIP

OPEN MINDS Weekly News Wire Strategic Health Care News On December 17, 2009, Procter & Gamble Co. (P&G) announced plans to assume full ownership of MDVIP, Inc., a concierge physician network. P&G has held a minority stake (48%) in MDVIP since December 2006, when MDVIP partnered with P&G’s Future Works organization which focuses on new business models, opportunities, and innovations for P&G. MDVIP will remain a separate legal entity with its own board; its headquarters will remain in Boca Raton, Florida. MDVIP-affiliated physicians will continue to manage and own their . . .