Hospital creates bidding war by posting surgery prices online
OKLAHOMA CITY (KFOR) — A surgery center in Oklahoma has revolutionized medical billing and sparked a price war by posting all-inclusive surgery prices on its website.
“When we first started we thought we were about half the price of the hospitals,” said Dr. Steven Lantier, a co-founder of Surgery Center of Oklahoma. “Then we found out we’re less than half price. Then we find out we’re a sixth to an eighth of what their prices are. I can’t believe the average person can afford health care at these prices.”
Surgery Center of Oklahoma’s pricing strategy has certainly attracted the attention of several other Oklahoma medical facilities, who are now joining in price transparency.