­­Hello. I’m Dr. Keith Smith with you from the Surgery Center of Oklahoma. Thank you for joining us in this video blog series.


While I think it’s important for everyone to understand the good news of the application of free market principles to healthcare and how that brings us lower prices and better quality, I think it’s also important that we review the various scams and go over some of the ideas that simply are the product of a decades-long propaganda campaign by the folks who benefit from the confusing way healthcare is billed.



We’re going to talk about giant hospital bills. We’re going to talk about repricing. We’re going to talk about insurance-negotiated discounts, and the spiraling cost of healthcare, and the not-for-profit accounting fiction of some of these hospitals.


We’re going to go over some of these scams one at a time. And we’ll do those in a series of blogs coming up that I encourage you to refer back to so you can understand it.


I think it’s important to keep in mind that the really good news is that the free market has been shown by countless individuals now all over the country to apply to the industry of healthcare. But it’s also important – however disgusting it might be – to understand the scams so that you will know the lies and the propaganda when you see them.


Stay tuned for a breakdown of these scams. We’ll review them one at a time. I know some of this is repetitive, but it’s very complicated. And it’s complicated for a reason because you’re not supposed to understand what really is behind the veil. I’m gong to go over these one at a time and we’ll begin that process very soon.


Thank you for joining us in this video blog series, we’ll see you next time.