Tag: cash pay
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Medicare Benchmarking: Comparing ASCs and HOPDs for Outpatient Procedures
Outpatient surgeries like colonoscopies, cataract removals, and joint repairs are considered elective/shoppable services. The cost for these procedures can vary significantly across providers and settings (independent Ambulatory Surgical Centers (ASCs) or Hospital Outpatient Departments (HOPDs)). For employers and benefits managers, understanding this price variation is not only important but also a valuable cost-saving opportunity. By…
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How Paying Providers Directly Can Slash Your Medical Bills
This is the story of a dad whose three-year-old son landed him in the emergency department (ER), fearing appendicitis. After about 45 minutes of his son’s agonizing moans, a miraculous five-second burp seemed to cure him completely. Relieved! the dad requested to leave, only to be surprised by the bill: $4,179. How could a simple…