Hospital Posts Prices Online; Creates Bidding War

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(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?

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