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MDSave Partners with DDSI of Oklahoma to Offer Nation's First Bundled and Purchasable Online Pricing for Colonoscopy Services at a Gastrointestinal Center

12/04/2013 | 01:33pm US/Eastern
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Patients to Save up to 66 Percent on Total Cost for Procedure at MDSave.com

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.

About 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.

About DDSI

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/.

Hillenby
Erin Bracken, 703-722-3063
erinbracken@hillenby.com


© Business Wire 2013
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