Hello. Dr. Keith Smith with you on behalf of the Free Market Medical Association. Thank you for joining me. One of the arguments that the naysayers typically use against the application of free market principals to the medical industry is that if you’re in an...
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...
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...
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...
The following article was written by Dr. G. Keith Smith, M.D for the Association of American Physicians and Surgeons. As more individuals move to freer, less locked-down states (like Oklahoma and Texas, for instance), the number of people saying “y’all” should greatly...
Recording courtesy of the Mises Institute. Last week, Dr. Keith Smith spoke at the Mises Institute’s Medical Freedom Summit. Listen as he discusses the Surgery Center of Oklahoma’s mission, history, and ground-breaking price transparency model, the broken healthcare...
A project of the Washington Policy Center, Free Markets Destroy is a non-profit organization that celebrates the power of free markets to tackle humanity’s most daunting challenges – including the broken healthcare system. Dr. Keith Smith and the Surgery Center...
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 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...
