My friend, Jack Brown, from Oregon has reminded me of a term that I was familiar with, but one I never use. But it’s one I’m going to start using. Disintermediation – a term which describes the removal of all unnecessary parties in any market exchange....
Hello. Dr. Keith Smith with you on behalf of the Free Market Medical Association. I remember in medical school, how refreshing it was to come across someone who could cover subject material and matter that was very difficult in a very clear and concise way. It is very...
What do you think of when you hear that someone is uninsured, with regards to their healthcare? It kind of has a negative ring to it, doesn’t it? I think about it a different way. When I think of the uninsured, I think of people who have rejected traditional...
What happens when you shove insurance aside and the distortion that they introduce in prices is eliminated? About two years ago I had to buy a roof for my home. Long story short, the insurance company I was dealing with would not replace the hail-damaged roof on my...
Hello, Dr. Keith Smith with you on behalf of the Free Market Medical Association (FMMA). Prior to the conference, I’d like to go over some terms and phrases like transparent pricing and free market pricing. We’ll discuss what they mean and what they don’t mean. The...
Hello. Dr. Keith Smith with you on behalf of the Free Market Medical Association. This video is really intended for physicians out there who may need a little refresher on what we’re talking about when we say ‘self-funding’ or the ‘self-insured.’ There are companies –...
Dr. Keith Smith with you on behalf of the Free Market Medical Association. I’d like to take this opportunity to encourage any and all of you watching this to attend the conference next month here in Oklahoma City, August 18-20. The attendance and registration details...
What if I were to tell you that the Surgery Center of Oklahoma has decided to buy 10 physician practices? You would rightly say, “if you have the money to buy 10 physician’s practices you are charging too much,” and you would be right. What if I were to tell you the...
The Free Market Medical Association Annual Conference is approaching. Imagine you could be in a room - at one time, in one place – with all of those who want to buy free market healthcare, all of those who are actually selling healthcare at free market pricing and all...
Let’s talk a little bit more about price bundling, I mentioned in a previous blog how we actually came up with our bundled pricing. We asked the surgeons what they thought was fair. Anesthesia basically is based on the amount of time the case is going to take. The...
Specialists and surgeons from all of Oklahoma’s top healthcare systems choose to operate here.