Patients to Save up to 66 Percent on Total Cost for Procedure at
MDSave and Digestive Disease Specialists, Inc. (DDSI) announced today
the formation of a unique partnership that offers patients discounted
bundled pricing for colonoscopies, which can be directly purchased and
scheduled through MDSave.com. For the first time ever, patients will be
given the total costs upfront for a colonoscopy and can purchase the
procedure online - at rates up to 66 percent less than those offered to
patients without insurance or with high-deductible plans. Patients can
also save on other digestive system services and procedures.
Bundled pricing is all-inclusive pricing that incorporates all costs
associated with a procedure into a single lump sum. Typically, patients
of a hospital or surgery center receive multiple bills for charges like
facility fees, physician fees, lab fees and anesthesia fees, which can
be confusing and drive up costs. Instead, with bundled pricing, patients
receive all applicable charges listed together in one amount on one bill.
The MDSave and DDSI partnership encompasses DDSI's two ambulatory
endoscopy centers and six other locations in Oklahoma City, Yukon,
Northwest Oklahoma City, Edmond and Midwest City. In addition to
colonoscopies, new patient office visits, endoscopies, flexible
sigmoidoscopies and the center's new hemorrhoid banding procedure are
also offered through MDSave's website.
"The Oklahomans we serve are now the first in the nation to receive
online and upfront bundled pricing for colonoscopies at our
gastrointestinal centers," said Carl A. Raczkowski, M.D., medical
director of DDSI's North Ambulatory Center. "It can often be difficult
for patients to get the full cost of medical procedures until the bill
arrives in the mail. That's an unpleasant surprise patients just
shouldn't have to go through. Today we streamline the process and help
our patients better budget for their medical needs and save money."
For example, Oklahomans in need of a colonoscopy would on average pay
$3,675 if they are uninsured or $2,183 if they have a high deductible
insurance plan. If booked through MDSave, the procedure would cost
$1,225, a savings of up to 66 percent. A recent New York Times
report echoes MDSave's research, which indicates that colonoscopies are
one of the most commonly overcharged procedures nationwide, with pricing
ranging up to $7,563.56 or higher.
Other procedures are offered at a discount as well. An uninsured patient
or one with a high deductible plan in need of an endoscopy would pay on
average $1,821. The MDSave cost for the same procedure is $1,543,
providing the patient a savings of 15 percent. The same patient would
save 16 percent on a new patient office visit, which costs $192 with
MDSave compared to $229 when booked without the service.
"With this partnership, MDSave is continuing to break new ground in our
effort to make healthcare more affordable and accessible to people
everywhere," said MDSave co-founder and CEO Paul Ketchel. "DDSI provides
high quality care to the community, and we're proud to partner with such
a visionary and forward-thinking organization. Right now, there's no
doubt that Oklahoma is leading the nation when it comes to price
transparency in healthcare."
This announcement comes on the heels of the recent launch of MDSave's
partnership with SSM Health Care of Oklahoma, which includes St. Anthony
Hospital, Bone and Joint Hospital at St. Anthony and St. Anthony Shawnee
Hospital. In addition to procedures that treat digestive system
diseases, Oklahomans using MDSave will also find transparent pricing
information on services like wellness visits, flu shots and even
specialty care like arrhythmia exams.
Consumers can access MDSave via its website or mobile app. Once there,
educational resources help guide users to the medical procedure or
service they need. The site provides pricing information and quality
ratings, putting consumers in control of all aspects of their healthcare
decision-making while saving them money. Consumers then book and pay for
their healthcare services directly through MDSave.
Based in Brentwood, Tenn., MDSave is the first healthcare e-commerce
company to offer a single online resource for consumers to research,
compare and purchase health services in their communities. Providers
offer rates at a discount of up to 60 percent and consumers can select a
doctor based on his or her rating from other MDSave users. Launched in
June 2012, the company offers a wealth of information on its website
about common diseases and procedures. For more information, visit http://www.mdsave.com.
Digestive Disease Specialists, Inc. (DDSI) specializes in the treatment
of diseases of the digestive system. Our dedicated team of health
professionals performs the latest diagnostic testing in gastroenterology
and employs modern treatment techniques to treat such conditions as
gastroesophageal reflux disease (GERD), Barrett's esophagus, peptic
ulcer disease, ulcerative colitis, Crohn's disease, irritable bowel
syndrome, colon cancer and hepatitis. Our team recently began offering
state-of-the-art hemorrhoid banding. We are dedicated to preserving your
digestive health and providing the advanced care every patient deserves.
Visit us at http://okddsi.net/.
Erin Bracken, 703-722-3063