THIS WEEK IN U.S. DOMESTIC MEDICAL TRAVEL

Volume 2, Issue 8

Dear Colleagues,

After G. Keith Smith, M.D., managing partner and founder, The Surgery Center of Oklahoma, launched a Web-based platform communicating his facility's pricing online, he began to receive tremendous national media attention around the idea of transparency. Soon after, major players in the healthcare market were reaching out and inquiring how his facility was able to showcase their pricing online.

In 2014, Dr. Smith and Jay Kempton, owner, The Kempton Group, co-founded Free Market Medical Association (FMMA), a resource where those interested in adopting this discipline and applying it to the free market in healthcare could network with each other and share ideas.

Now, the FMMA has more than 600 members who have joined together to bring together buyers and sellers of healthcare goods and services - to reduce costs and increase quality.

We're starting to hear from many hospitals, independent surgi-centers and provider groups that want to be better positioned to serve self-funded employers offering medical/surgical travel options.  If you have a good story to tell us, please be in touch!  We want to boost opportunities for Centers of Excellence nationwide. 

Tell us:

What distinguishes your service offering in terms of cost, patient experience and satisfaction, outcomes, or other quality indicators. 

Send us your descriptor, including photos or charts, and we will evaluate for publication in this newsletter.
"Rising health insurance premiums, lack of transparency and increased awareness of how varied medical costs and quality vary dramatically between hospitals and across regions, have pushed consumers right into the arms of international and domestic medical travel. The growing industry provides the perfect solution for patients to receive the high-quality, cost-effective care that they need AND rightfully deserve!" - Laura Carabello, Executive Editor and Publisher, Medical Travel Today and U.S. Domestic Medical Travel.

READERS: I invite you to send quotes relevant to domestic medical travel to editor@usdomesticmedicaltravel.com to be featured in upcoming issues of U.S. Domestic Medical Travel.

Thank you for your interest in this exciting, growing market space. Please be in touch with your comments and editorial contributions, which can be sent directly to: editor@USDomesticMedicalTravel.com.

Laura Carabello
Editor and Publisher

 

SPOTLIGHT: G. Keith Smith, M.D., Co-founder, Free Market Medical Association

13431 Broadway Ext. Suite 130
Oklahoma City, OK 73114
1-866-901-FMMA

About Dr. Smith
Dr. G. Keith Smith is a board certified anesthesiologist in private practice since 1990. In 1997, he co-founded The Surgery Center of Oklahoma, an outpatient surgery center in Oklahoma City, Oklahoma, owned by over 50 of the top physicians and surgeons in central Oklahoma. Dr. Smith serves as the medical director, CEO and managing partner while maintaining an active anesthesia practice.

Click here to read the full story

Borderless Healthcare: A Model for the Future of Medical Care in Workers' Comp
by Richard Krasner

By now, many of you, my faithful and not so faithful readers (and critics), have been aware of my strong interest and passion about implementing medical tourism into workers' comp.

The critics have not silenced me. They have only made me more determined than ever to get the word out...MEDICAL CARE UNDER WORKERS' COMP IN THE U.S. WILL HAVE TO GLOBALIZE, OR ELSE IT WILL FAIL TO PROVIDE ADEQUATE CARE AT LOWER COST AND AT EQUAL OR BETTER QUALITY THAN WHAT IS RECEIVED CURRENTLY.

Click here to read the full story

New Study: Site of Care a Key Driver of Higher Healthcare Prices for Patients

AHIP-As overall health spending continues to rise, a new study by America's Health Insurance Plans (AHIP), published in The American Journal of Managed Care (AJMC), found that price variation based on where a service was performed led to $1.9 billion in additional healthcare spending on seven commonly performed medical services in 2013.

Click here to read the full story

Zika Virus: Public Health Officials Say Transmission Easier Than Thought
But UN says efforts to combat virus are stronger than Ebola response
by Zack Budryk

Fiercehealthcare.com-Healthcare leaders and public health officials are putting efforts against the Zika virus into overdrive, amid further confirmed cases in the U.S. and concerns that transmission of the virus is easier than previously thought.

To view the original article click here.

The Economics of Healthcare in 2016 Explained
In all the election fervor, don't forget that healthcare is a major employment engine.
by Ian Morrison

Excerpted from, H&HN Daily, by permission, March 7, 2016, Copyright 206 by Health Forum, Inc.  The excerpt will appear in an upcoming issue of U. S. Domestic Medical Travel along with the link to the article where it appears on the H&HN Daily website.  The permission fee has been waived.

HHNmag.com-We get to pick a new president. And what an array of choices: senators, a socialist and a governor, as well as a Clinton and, of course, Donald Trump, who has excited the electorate and insulted several of the world's mainstream religions. Is this a great country or what?

To view the original article click here.

Study Raises Doubts That Bundled Payments Cut Costs
Many CMS models have yet to reduce spending
by Ron Shinkman

Fiercehealthfinance.com- Bundled payments have been touted as a potential savior for keeping soaring healthcare costs in check, but a new analysis by the Kaiser Family Foundation (KFF) has raised early doubts about some of the initiatives being undertaken by the Centers for Medicare & Medicaid Services (CMS).

To view the original article click here.

New Study Says Prices for MRIs Vary Widely -- If You Can Actually Obtain Them
by Ron Shinkman

Fiercehealthfinance.com- Prices for common medical procedures vary widely, and hospitals are not readily prepared to give price information, according to a new report by the Boston-based Pioneer Institute of six major cities in the United States.

To view the original article click here.

Donald Trump Fleshes Out Healthcare Policy Proposals
GOP candidate wants full repeal of ACA, sale of insurance across state lines
by Katherine Moody

Fiercehealthpayer.com-Fresh off key victories in the Super Tuesday primaries, Republican presidential candidate Donald Trump has added more details to his healthcare policy proposals, saying his plan will broaden healthcare access, make healthcare more affordable and improve the quality of the care that is available to all Americans.

To view the original article click here.

Better Healthcare: A Way Forward

Commonwealthfund.org-Whether measured against international or domestic standards, the U.S. healthcare system could perform much better than it does.

To view the original article click here.

The Institute for HealthCare Consumerism

Quick Links:  Sponsors   Agenda  General Sessions   Workshops

You have been cordially invited to attend IHC FORUM & EXPO. The nation's leading conference on innovative solutions in employer sponsored health & benefits, as a VIP, on behalf of Medical Travel Today

*Enter the code "MTTVIP" when prompted during registration

Your VIP Registration Includes

  • Free registration to attend IHC FORUM & Expo.
  • Six general sessions led by top industry thought leaders and subject matter experts.
  • Choice of four hands-on workshops.
  • Chance to network with the industry's top thought leaders & practicioners of health care consumerism.
  • Opening night networking reception.
  • Option to attend one of four pre-conference events at an additional cost of $159.

IHC FORUM & Expo will be held at the
Cobb Galleria Centre | May 24-26, 2016 | Atlanta, GA

Download The IHC app on the Apple App Store Download The IHC app on Google Play LinkedIn Twitter RSS Facebook


Produced by: The Institute for HealthCare Consumerism
292 South Main Street, Ste 400
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404.671.9551

 


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MatchingDonors is a 501c3 nonprofit organization and the nation's largest online living organ donor organization finding living organ donors for people needing organ transplants. In conjunction with various health organizations throughout the United States we have created a very successful Public Service Announcement campaign to help people recognize that they can save lives by being a living organ donor, to encourage them to register as an altruistic living organ donor, and to make them realize they can help save the lives of people needing organ transplants by donating other things. This MatchingDonors Living Organ Donor Initiative program has already saved thousands of lives.

JOB OPPORTUNITIES
Do you know of any available job openings relative to the U.S. domestic medical travel industry? We encourage readers to submit any available, relevant job opportunities along with its descriptions and requirements for fellow readers and industry professionals to consider. All submissions are appreciated.

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U.S. Domestic Medical Travel™

About U.S. Domestic Medical Travel
U.S. Domestic Medical Travel, a sister publication to Medical Travel Today www.medicaltraveltoday.com, is a newsletter published by CPR Strategic Marketing Communications, an international marketing and public relations agency based near New York City that specializes in healthcare and life sciences. In the new era of health reforms, U.S. Domestic Medical Travel discusses the growth of domestic medical travel and its importance to hospitals, employers, insurers, health plans, government, TPAs, brokers and other intermediaries.

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Spotlight Interview

G. Keith Smith, M.D., Co-founder, Free Market Medical Association

News in Review

Borderless Healthcare: A Model for the Future of Medical Care in Workers' Comp

New Study: Site of Care a Key Driver of Higher Healthcare Prices for Patients

Zika Virus: Public Health Officials Say Transmission Easier Than Thought

The Economics of Healthcare in 2016 Explained

Study Raises Doubts That Bundled Payments Cut Costs

New Study Says Prices for MRIs Vary Widely -- If You Can Actually Obtain Them

Donald Trump Fleshes Out Healthcare Policy Proposals

Better Healthcare: A Way Forward

IHC Forum and Expo

NETWORKING JUST GOT EASIER