The leading barrier reported to making prices transparent was discouragement from another practice, hospital, or insurance company. The findings of this preliminary study may help guide medical practices in designing and implementing price transparency strategies.
Innovative apps give consumers an edge in healthcare price transparency.
I showed my friend a surgery center’s website with posted prices. He asked why posting prices helped control them. I said, “I actually don’t know, but I need to figure that out.” That event set in motion a positive feedback mechanism of curiosity about the nature of free markets, especially in terms of their benefits to healthcare delivery. I now understand the economic principles that are fundamental to optimum outcomes.
All are welcome and encouraged to attend this talk with Dr. Matthew Davis, an orthopedic surgeon who runs a price-transparent private practice in Birmingham, Alabama. Dr. Davis is affiliated with St. Vincent’s Birmingham and received his medical degree from University of Texas Southwestern Medical School. Dr. Davis has been in practice for 16 years and will deliver remarks about his journey as a medical doctor in private practice.
Dr. Davis loves what he does every day, because it allows him to be hands-on, solve problems, and build great relationships with his patients. He enjoys being able to give patients answers, resolve their ailments, and put them on a track toward comfort and mobility. He has 10 years of experience working as a board-certified orthopedic surgeon, helping people by doing everything from ACL repairs to managing osteoarthritis.
Come find out about Dr. Davis’s reflections on the changing nature of medical care delivery and how his system has been phenomenally successful for both himself and for his patients.
Refreshments will be served.
“Mylan, still smarting from its EpiPen debacle, is trying another approach to defuse the controversy: it said it would launch a generic version priced at $300 per two-pack, “a discount of more than 50% to the Mylan list price” (but still five times the original product’s price in 2009).” – MedPage Today
Mylan to Launch First Generic to EpiPen® Auto-Injector at a List Price of $300 per Two-Pack Carton, a More than 50% Discount to the Brand Product