Have you ever been in your car on a trip and your car broke down and you were fortunate enough to encounter a mechanic who could have charged you whatever he wanted? He could have ripped you off, but he didn’t. He charged you a fair price and got you on our way. You...
Some of my favorite authors, historical or fiction, are those who knew their writings would land them in jail, their careers would be destroyed or worse. I figured these people meant what they said and they felt strongly enough about it that they wrote it anyway,...
Here’s a question for you. A question I was recently asked by a United States Congressman. “Should we forego the opportunity to price 95% of healthcare services when 5% of them cannot be priced ahead of time and up front?” Of course the Congressman did not ask me that...
Our most recent meeting was a wild success and the videos of all of the presentations will be online very soon at FMMA.org, there will also be an announcement of the location and dates of next year’s meeting. The most meaningful and poignant part of the conference for...
I recently was made aware of a new phrase in the healthcare industry: population health management. This sounds benign enough but it should be very scary, particularly for anyone watching this that has any underlying medical problems. Let me tell you why. If you don’t...
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...
Specialists and surgeons from all of Oklahoma’s top healthcare systems choose to operate here.