Outpatient Surgery Magazine - Subscribers

Shopping for Surgery - June 2015 - Outpatient Surgery Magazine

Outpatient Surgery Magazine, providing current information on Surgical Services, Surgical Facility Administration, Outpatient Surgery News and Trends, OR Excellence and more.

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streamlining the website's interface has been a critical part of our suc- cess. What 's a fair price? We're not a charity — our facility needs to make money and so do our surgeons — so we had to set prices that patients can afford, while leaving reasonable profit margins. We also knew that setting a fair price for procedures would make or break us, so we set out to deter- mine how much to charge patients based on our case costs, what sur- geons wanted to make and a lot of market research, including what other facilities involved in price transparency were charging for the same procedures. First, we gathered surgical nurses, personnel in charge of buying supplies and the staff who manage our current supply inventory, combed through surgeons' preference cards and used data manage- ment software to look up how much we spend on the 50 to 100 items used by each surgeon for every case. It was an arduous process that took months to complete, but it let us drill down to the penny on what we spend on proce- dures. If a surgeon orders basic labs that we do in-house, we include the cost of the tests in the one-time surgical fee, so patients don't have to pay extra. We charge patients the wholesale cost of implants, and we're more than happy to 4 2 O U T P A T I E N T S U R G E R Y M A G A Z I N E O N L I N E | J U N E 2 0 1 5

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