Hospital Posts Prices Online; Creates Bidding War
(KFOR-TV) 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.
Matthew Gang, 22, tore his patella tendon, dislocating his knee-cap playing basketball earlier this year.
Gang is from California and he is uninsured.
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.
How are they so affordable?