Thursday, July 31, 2014

What works is the opposite of what we're getting in healthcare.

Here's another story about the wonderfully heterodox Oklahoma City surgical center that lists its deeply discounted prices for every procedure it does and is laughing all the way to bank.  It takes insurance and cash but not Medicaid and Medicare because the Feds ban the posting of actual procedure pricing in favor of opaque incomprehensibility (no, I don't understand our Federal Stupor State any more than you do).  They're kicking the competition's asses by giving consumers clarity and good pricing for good service - and competitor prices are consequently falling fast. The city Oklahoma City estimates it will save $1.3 million this year by using the clinic rather than other more traditional delivery methods.

It's a pity that O'care is dragging our healthcare system in exactly the opposite direction: further away from consumer friendly, clear and concise market based medicine.  And we're going to pay through our noses for their cynical blunder.  Rest of the story here.


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