Texas Free Market Surgery launches price transparency, bundled payment platform for Texas ASC: 6 key notes

Texas Free Market Surgery launched a free market healthcare platform in Central Texas.

Advertisement

Here are six things to know:

1. The platform is designed to offer transparent pricing for patients who undergo outpatient surgery. The proprietary system bundles together preoperative and postoperative elements of surgery along with surgeon, anesthesiology and rehabilitation costs.

2. There are now 200 outpatient surgeries on the Texas Free Market Surgery website so patients can evaluate the cost of procedures before scheduling surgery. The platform has an extensive surgeon selection process to vet and hire board-certified surgeons. The procedures are performed at an AAAHC-certified ASC in Westlake, Texas.

3. Sean Kelley and Patrick Kelley, MD, developed Texas Free Market Surgery with the hope of transforming the healthcare system with a comprehensive model and direct payment.

4. The platform eliminates the administrative burden and costs associated with processing claims and billing third-party payers. As a result, the price is 30 percent to 60 percent less expensive than comparable services in payer networks.

5. Keith Smith, MD, of the Surgery Center of Oklahoma — known for his own efforts with transparent pricing — encouraged the Kelley brothers in creating this model.

6. Specialties at the surgery center include otolaryngology, general surgery, orthopedics, extremities and reconstructive plastic surgery.

More articles on healthcare:
Healthcare Associates to build 60k-sq-ft ASC, medical building: 3 notes
7 things for ASC leaders to know
Which of the leading 6 ASC management company contenders came out on top in Q2? 38 statistics

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

Advertisement

Next Up in ASC News

Advertisement

Comments are closed.