Episode 6: Pricing Transparency in Medicine and Healthcare
2 Docs Talk: The podcast about healthcare, the science of medicine and everything in between. - A podcast by Kendall Britt, MD and Amy Rogers, MD
If you've ever tried to figure out the price of a medical procedure, you know it's not that easy. In fact, research shows that complete pricing for medical procedures is unavailable when requested over one-third of the time. As healthcare deductibles rise and indidviduals are affected more and directly by these costs, the issue of pricing transparency is growing. In this episode we talk about the problem posed by opaque medical pricing practices. We also dig into two innovative practice models that solve this transparency problem, as well as a few other issues in the delivery of healthcare and medicine. Resources: Surgery Center of Oklahoma Turntable Health Iora Health JAMA: Availability of Consumer Prices from US Hospitals for a Common Surgical Procedure