Oklahoma City hospital posts surgery prices online; creates bidding warSubmitted by JO4RP on Wed, 07/10/2013 - 19:07
OKLAHOMA CITY – An Oklahoma City surgery center is offering a new kind of price transparency, posting guaranteed all-inclusive surgery prices online. The move is revolutionizing medical billing in Oklahoma and around the world.
Dr. Keith Smith and Dr. Steven Lantier launched Surgery Center of Oklahoma 15 years ago, founded on the simple principle of price honesty.
“What we’ve discovered is health care really doesn’t cost that much,” Dr. Smith said. “What people are being charged for is another matter altogether.”
Surgery Center of Oklahoma started posting their prices online about four years ago.
Surgery in his home-state was going to be about $30,000. The posted price at Surgery Center of Oklahoma was $5,700, one-fifth the price.