The $5k C-suite physical: 5 things to know about hospitals' increasingly popular offering

Many major health systems across the U.S. are offering executive health programs designed to allow busy members of the C-suite to undergo a battery of tests in a relatively short period of time, according to Bloomberg Businessweek 

Here are five things to know about executive health programs.

1. Through Rochester, Minn.-based Mayo Clinic's program, executives spend two days undergoing a series of tests and meeting with several specialists. If the appointments were to be attended individually, rather than grouped together for the program, it would take two months or longer to complete them all, according to the report.

2. Out-of-pocket costs for the program at Mayo Clinic are about $5,000, and many executives and their companies are willing to foot the bill for the convenience the program offers.

3. Mayo Clinic had about 10,887 executive health program admissions in 2011, and that number grew to 17,667 in 2015, according to the report.

4. Although the program's major benefit to executives is the amount of time they save cramming all of the appointments and exams into two days, their employers also benefit from executive health programs as most executives provide authorization for their test results to be shared with their employers.

5. Mayo Clinic isn't the only major system that has launched an executive health program. Cleveland Clinic, Massachusetts General Hospital in Boston, Johns Hopkins Hospital in Baltimore and UCLA Medical Center also offer similar programs, according to the report.

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