Dr. Richard Kube has recently been featured in the April/May 2018 volume of Free Market Healthcare Solutions, a publication designed for members of the Free Market Medical Association. Check out some excerpts from the article, below, about how to save big on surgical producers, and be sure to continue reading on page 8 of Free Market Healthcare Solutions!
Reality today is that business owners are large healthcare consumers, and their expense associated with healthcare consumption is rising rapidly. Implementation of transparent, bundled pricing can create a free market wherein businesses purchase greater value, and depending upon company size, can save hundreds of thousands, if not millions, of dollars annually. For example, a single spine fusion in a transparent, bundled free market model can save over $100,000 for a self-insured business.
Unfortunately, that savings does not occur in mainstream healthcare because it is anything but transparent; consumers do not know the cost, nor do they truly understand what they are buying. Realistically, healthcare consumers are purchasing a desired or expected result of treatment for an ailment, which is a concept more easily grasped. However, expected results and outcomes data is not easy to find or to interpret.
Translating healthcare industry jargon into information the public can process, and transforming healthcare into a free market, should have the desired result of providing value for the consumer and a fair price for the service provider.
The goal of the Free Market Medical Association, its members, and the movement they are leading is to facilitate connections between buyers and sellers of services in a way that is seldom seen today. Welcome to the healthcare revolution!
