Monday, January 14, 2019

Offer fixed prices for common surgical procedures

Under the current practice, public and private hospitals impose a separate charge for each item of service, such as surgeon fees, stay in hospital wards, laboratory tests, use of equipment, etc.

This is good for maximizing the revenue to the hospital, but is bad for patients. They are billed billed for every item, some of which are subject of dispute and complaint.

It is time to consider providing a fixed price or package price for each type of surgical procedures. Initially, this can be applied to the common operations, such as appendectomy, breast biopsy, cataract surgery, coronary heart bypass, etc. It can be extended to the less common procedures at a later date.

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