MDSave and LH Hospital help patients save money
LOCK HAVEN – MDsave and Lock Haven Hospital are working together to help local residents save money and get more of the medical care they need. Through the MDsave marketplace, patients at Lock Haven Hospital will have access to a wide variety of medical procedures at upfront prices as well as simplified billing and educational resources. Savings are calculated based on the MDsave price compared to average market cost of offered medical services.
In some cases, especially for patients on high-deductible health plans or without insurance, out-of-pocket expenses can prevent individuals and families from getting medical care they need, especially preventive procedures that could help stave off future health issues. MDsave and Lock Haven Hospital are working to create better options for these patients. To learn more visit www.mdsave.com or call (855) 385-4608.
“In today’s marketplace, healthcare can be confusing and expensive, especially for consumers,” said Steven Davis, chief executive officer, Lock Haven Hospital. “This service can help these patients access the same quality healthcare they have come to expect at our hospital at a lower cost.”
MDsave empowers patients to take more control over their healthcare decisions by offering transparent pricing and educational resources on diseases and treatments. MDsave’s website allows patients to geographically search by procedure, provider, specialty, or ailment, and compare pricing. The process is upfront and easy. Just choose the best option, add to your cart, and check out online … the price posted is what you pay. The price includes all costs associated with the procedure, including physician billing. Patients will not receive another bill.
“Through this program, people are getting the lower-level care they need to address health concerns rather than ending up with a medical emergency that requires costly ER care,” says MDsave co-founder and chief executive officer, Paul Ketchel. Similar savings are available on many of the procedures offered, from mammograms to cardiac catheterization to hip arthroscopy and more.
“Working with Lock Haven Hospital, we are taking an important step toward making healthcare more accessible and affordable,” says Ketchel. “We know that the cost of preventive treatments is often a factor in consumers neglecting to have them. We hope that our strategic alliance will increase access to quality medical care and, as a result, help save lives.”
Headquartered in Brentwood, Tenn., with offices in San Francisco, Calif., MDsave is the world’s first online healthcare marketplace, bringing together patients seeking affordable, quality care with providers offering trustworthy services at fair prices. MDsave simplifies the healthcare billing process for patients and providers alike through negotiated rates, bundled pricing, and upfront payment. The MDsave marketplace also helps employers and payers offer more value to employees and policy holders with out-of-pocket deductible costs. Launched in June 2012, the company offers a wealth of information on its website about common diseases and procedures. For more information, visit www.mdsave.com.