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Friday 25 October 2024 13:08:56 GMT
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A hospital quoted a family $72,000 for a child's tonsillectomy. A surgery center did it for $3,875. 👇   Congressional testimony. October 22, 2025. Dr. Keith Smith, an anesthesiologist, told the committee what happens when a surgery center posts its prices.   🏥 WHAT HE TESTIFIED 🔹 Surgery Center of Oklahoma posted all-in surgical prices online in 2009. Surgeon, anesthesia and facility in one number 🔹 His words: total charges run a fraction of what nearby hospital systems charge for the same procedure 🔹 A Georgia patient was quoted $40,000 for a urologic procedure. His online price was $4,000. The local hospital matched it 🔹 About half his patients travel from out of state or out of the country   📜 THE RULE THAT LIMITS COMPETITION 🔹 2010: Section 6001 of the Affordable Care Act barred new physician-owned hospitals from Medicare and froze expansion of existing ones 🔹 Surgery centers like his are not hospitals, so they can still open. Doctor-owned hospitals that could compete on price cannot   ⚠️ To be fair: the dollar figures are his testimony, not an audit. And a posted price works best for planned surgery. In a true emergency, nobody is shopping.   THE PRICING MACHINE. The price was never the cost. It was whatever nobody could see. One doctor posted his, and a hospital in Georgia blinked.   💬 Have you ever asked for a cash price before a procedure? What happened?   Built, Not Given.   #BuiltNotGivenRN #SelfEmployed #HealthCare #PriceTransparency #CashPrice  
A hospital quoted a family $72,000 for a child's tonsillectomy. A surgery center did it for $3,875. 👇   Congressional testimony. October 22, 2025. Dr. Keith Smith, an anesthesiologist, told the committee what happens when a surgery center posts its prices.   🏥 WHAT HE TESTIFIED 🔹 Surgery Center of Oklahoma posted all-in surgical prices online in 2009. Surgeon, anesthesia and facility in one number 🔹 His words: total charges run a fraction of what nearby hospital systems charge for the same procedure 🔹 A Georgia patient was quoted $40,000 for a urologic procedure. His online price was $4,000. The local hospital matched it 🔹 About half his patients travel from out of state or out of the country   📜 THE RULE THAT LIMITS COMPETITION 🔹 2010: Section 6001 of the Affordable Care Act barred new physician-owned hospitals from Medicare and froze expansion of existing ones 🔹 Surgery centers like his are not hospitals, so they can still open. Doctor-owned hospitals that could compete on price cannot   ⚠️ To be fair: the dollar figures are his testimony, not an audit. And a posted price works best for planned surgery. In a true emergency, nobody is shopping.   THE PRICING MACHINE. The price was never the cost. It was whatever nobody could see. One doctor posted his, and a hospital in Georgia blinked.   💬 Have you ever asked for a cash price before a procedure? What happened?   Built, Not Given.   #BuiltNotGivenRN #SelfEmployed #HealthCare #PriceTransparency #CashPrice  

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