Hutchinson Regional Medical Center Partners with MD Save to Help Patients Save Money
HUTCHINSON, KANSAS – MDsave and Hutchinson Regional Medical Center are working together to help local residents without insurance or with high-deductible health plans save money and get more of the medical care they need. Through the MDsave marketplace, patients at HRMC will have access to a wide variety of medical procedures at prices up to 60 percent* off the average rate, as well as simplified billing and educational resources.
Fortune magazine recently reported an average of 17.4 million Americans on high-deductible health plans, with an average deductible of $6,000 a year or more. Another 38 million Americans had no insurance coverage at all as of January 2015. In both cases, out-of-pocket expenses prevent many individuals and families from getting medical care they need, especially preventive procedures that could help stave off future health issues. MDsave and HRMC are working to create better options for these patients.
“In today’s marketplace, healthcare can be confusing and expensive, especially for consumers who are uninsured or carry high-deductible insurance plans,” said Cassie Dolan, CFO of HRMC. “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. 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.
“Our average consumer is saving about 40% to 60%,” says MDsave co-founder and CEO Paul Ketchel. For example, Ketchel explains, an MRI might cost $2,500 on the healthcare exchange, but by researching and booking through MDsave, that same patient could get an MRI at HRMC for less than $500. “People are getting some of the lower-level care they need sooner and not showing up at the emergency room where things are really expensive.” Similar savings are available on many of the procedures offered, from mammograms to cardiac catheterization to hip arthoscopy and more.
“Working with HRMC 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.”
To learn more about this service, visit https://www.mdsave.com/
Co-located in Brentwood, Tenn. and San Francisco, Calif., MDsave is the world’s first online healthcare marketplace, bringing together patients seeking affordable, reliable care with providers offering high-quality services at fair prices. Using cutting-edge technology, MDsave simplifies the healthcare billing process for patients and providers alike through negotiated rates, bundled pricing, and up-front 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 illnesses and procedures. For more information, visit http://www.mdsave.com.
About Hutchinson Regional Medical Center
Hutchinson Regional Healthcare System (HRHS) serves a wide geographical area of South-Central Kansas. The System includes: Hutchinson Regional Medical Center (a not-for-profit, 199-licensed bed acute care hospital accredited by the Joint Commission), Hospice and HomeCare of Reno County, Horizons Mental Health Center, Health-E-Quip (a durable medical equipment company), and the Hutchinson Regional Medical Foundation. Hutchinson Regional Medical Center offers a number of specialty services, including the Heart and Vascular Center, Chalmers Cancer Treatment Center, The Birthing Center, Wound Care and Hyperbaric Center and the Sleep Diagnostic Center. HRHS is proud to serve the healthcare needs of more than 65,000 residents of Reno County, as well as the surrounding area. HRHS is the largest employer in Reno County.
*Savings are calculated based on the MDsave price compared to average market cost of offered medical services.