Dr. Smith was interviewed by microbiologist and editor of Outbreak News, Robert Harriman, who recently received a hospital bill for a same-day surgery which totaled $47,000. The negotiated cost after insurance was $6,000, which made Mr. Harriman question how the...
Hello, Dr. Keith Smith with you here, on behalf of the Surgery Center of Oklahoma. Thank you for joining me. I have always said that we need hospitals. We just don’t need them to bankrupt us. Fortunately, more and more procedures are being performed on an outpatient...
Hello, Dr. Keith Smith with you here on behalf of the Surgery Center of Oklahoma, thank you for joining me. I was recently made aware of a patient who has been plunged into medical bankruptcy by local so-called, not for profit hospitals. Having been charged $10,000...
Here’s a lie that you’ve been told and likely that you believe: “all of this transparent, online, bundled pricing… that’s good enough or my hernia surgery, maybe my gallbladder surgery, maybe my face lift, but that’s no good for me because I have some chronic disease...
Here’s a lie you believe: Not-for-profit hospitals don’t make a profit. …Not really. “Not-for-profit” means they don’t pay tax. That’s what it really means. And what a competitive advantage that grants a hospital when they have no tax burden whatsoever. Imagine what...
Hello, Dr. Keith Smith with you on behalf of the Surgery Center of Oklahoma, thank you for joining me. We’ve discussed the two types of buyers of health care, now let’s discuss the two types of sellers. The first we’ll cover is unfortunately the most prevalent; the...
Behind me you’ll see something that, unfortunately, is very rare to see in healthcare. I’m going to step out of the picture and pan so you can see what is behind me. These are paper charts. Paper medical records. We’re going to talk a little bit more about electronic...
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...
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...
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...
Specialists and surgeons from all of Oklahoma’s top healthcare systems choose to operate here.