Have you ever received a hospital bill and couldn’t quite figure out how it could possibly be that expensive?

I recently had a same day surgery at a local hospital which had a price tag of $47,000. Fortunately for me, a contract with my health insurance negotiated the cost down to $6,000.

How is this possible? Whats wrong with the system? What about the self-pay patient?

Joining me to discuss this bizarre system is Keith Smith, MD, Dr Smith is the medical director, CEO and managing partner of the Surgery Center of Oklahoma.

 

Surgery Center of Oklahoma

Free Market Medical Association

Related: