Price Transparency in the Surgical Space: The Smith Way

As a healthcare professional, it is important to recognize that a patient’s ability to make an informed medical decision begins with understanding the costs associated with their treatment options. Especially when it comes to services such as surgery.

The affordability of healthcare services can greatly impact a patient’s ability to access necessary care and adhere to recommended treatment regimens.

By discussing the financial implications of different treatment options, healthcare providers can empower patients to make decisions that align with their values, priorities, and financial circumstances. Smith Medical explains how price transparency has changed how patients view healthcare and how it has expanded their options. 

How Transparency With Pricing Supports Patients

True price transparency fosters trust between providers and patients and ensures that individuals are equipped to make decisions that prioritize both their health outcomes and financial well-being.

 Additionally, by discussing costs upfront, healthcare professionals can help patients navigate potential barriers to access and assist in identifying resources for financial assistance or alternative treatment options. Ultimately, addressing cost as part of the decision-making process promotes transparency, collaboration, and patient-centered care in healthcare settings. 

Cost Concerns

Surprise billing has emerged as a significant concern for patients navigating their surgery expenses. Many individuals have found themselves facing unexpected charges after receiving medical care, often due to being treated by out-of-network providers without their prior knowledge. 

This has led to widespread dissatisfaction among patients, who feel blindsided by costs that were never clearly communicated. While legislation such as the Federal No Surprises Act and the Colorado Out-of-Network Billing law provides some level of protection, there remains a gap in the financial clarity that consumers experience when accessing medical services.

At Smith Medical, we recognize that existing laws are a step in the right direction but do not fully address the complexities of healthcare billing. Patients deserve a transparent and straightforward understanding of their financial responsibility before, during, and after receiving care. 

While the No Surprises Act aims to shield patients from unexpected bills, it can be difficult to navigate the nuances of in-network and out-of-network services, leaving many feeling uncertain about their potential costs. 

We believe that our commitment to providing enhanced clarity in billing practices is integral to improving patient satisfaction. By prioritizing transparent communication and clearer financial disclosures, we seek to ensure that our patients can focus on their health rather than worrying about unexpected medical expenses.

Reduced Financial Anxiety: The Smith Way

The role of transparency in decreasing unexpected medical bills.

The significance of price transparency in reducing unexpected medical bills cannot be overstated. At Smith Medical DSC, we stand out as a pioneering force in this realm, streamlining the complexities of healthcare delivery by eliminating intermediary costs that hinder accessibility and inflate prices. 

By adopting a direct pay, cash-based care model, Smith Medical champions a system that prioritizes fairness, clarity, and quality—core principles that resonate with patients seeking reliable healthcare solutions.

At the heart of Smith Medical’s approach is their commitment to fair pricing, which consistently averages 40% less than traditional fee-for-service models. This cost efficiency is complemented by a transparent pricing philosophy that ensures patients are fully informed of all expenses prior to receiving treatment.

Patients can expect all-inclusive pricing for surgeries, which comprehensively covers surgeons, anesthesia, facility use, and any necessary implants, thereby eliminating the shock of unexpected bills that plague many patients undergoing medical procedures. By fostering an environment where costs are clearly outlined from the outset, Smith Medical DSC effectively alleviates the anxiety often associated with unexpected healthcare expenses.

We recognize that quality care is pivotal to patient satisfaction and outcomes. By sourcing top-tier physicians and offering them above-market compensation, Smith ensures that patients receive exemplary care while benefiting from a system free of hidden fees and unanticipated charges.

Payment to physicians also occurs much faster at Smith Medical than with traditional, insurance-based reimbursement. These financial dynamics attract the best medical talent in the market. 

This model is particularly advantageous for uninsured individuals and those with high deductible plans who seek to navigate their healthcare independently. 

Additionally, it meets the needs of the growing number of employers opting to self-insure, as they too are drawn to the promise of high-quality care delivered at fair, transparent prices. In this supportive and open environment, patients can focus on their health, empowered by the knowledge that they will always receive care that is both exceptional and predictable in cost.

Transparency Allows Patients To Compare Costs Across Services And Providers

In today’s healthcare landscape, navigating the complexities of surgical procedures often poses significant challenges, especially for the uninsured. At Smith Medical, we offer a revolutionary approach to surgery that prioritizes patient-driven healthcare, eliminating the traditional barriers associated with insurance approvals, unexpected costs, and suboptimal care. 

Our cash-based surgery options empower patients to make informed decisions about their health without the anxiety of hidden fees or long waiting periods, ensuring that they receive the quality care they deserve.

We take pride in providing a range of surgical procedures designed to meet diverse medical needs, including Tympanoplasty for those suffering from chronic ear issues, excision of intranasal lesions to alleviate sinus complications, and the removal of superficial soft tissue tumors in the neck.

Our board-certified physicians are committed not only to delivering exceptional surgical outcomes but also to fostering an environment where patients feel valued and understood. This patient-centric model ensures that each individual has direct access to their healthcare options, encouraging open communication and tailored treatment plans that prioritize their unique circumstances.

At Smith Medical, we believe that quality healthcare should be accessible to all, regardless of insurance status. By offering transparent pricing and upfront cost estimates, we allow our patients the peace of mind that comes from knowing they can afford the care they need.

Our goal is to streamline the surgical experience, making it as straightforward and compassionate as possible while delivering results that enhance our patient’s quality of life. Join us in redefining healthcare, where your health is prioritized over bureaucracy, and surgical excellence is within reach.

Our Surgeries

Located in the Denver suburb of Littleton, Colorado, our new Smith Medical Ambulatory Surgery Center (ASC) is a multispecialty facility, offering a range of surgical procedures including, orthopedics and spine; ear, nose, and throat, general surgery, upper and lower extremity procedures, and men’s and women’s health procedures.

The cost of care at Smith Medical is on average 30-50% less expensive than PPO Network pricing common to most employer plans. Smith Medical’s all-in fully transparent prices are displayed clearly on the company’s website.

Get the Surgical Care You Deserve

Thank you for your interest in Smith Medical, where we are revolutionizing the approach to surgical care. Our commitment to transparency in pricing ensures that patients can make informed decisions without the anxiety of hidden costs. We believe that everyone deserves access to quality surgical options, and we’re dedicated to creating a supportive environment that prioritizes your health and well-being.

At Smith Medical, our innovative solutions are tailored to meet the unique needs of each patient, empowering you to take control of your healthcare journey. Whether you have questions about a specific procedure or need guidance on the options available to you, our knowledgeable team is here to help. If you’re ready to take the next step towards a healthier future, don’t hesitate to reach out.

Call us at (720) 912-8289 to learn more about how we can assist you with your surgical needs. Our friendly staff is eager to provide the information you need and walk you through the process, ensuring you feel comfortable and confident every step of the way. Let us partner with you in achieving your health goals at Smith Medical.