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Create a database of hospital chargemaster prices and have it accessible via the internet.

Created by S.P. on February 26, 2013

Create a database, accessible via the internet, of hospital chargemaster prices across the nation. People are unaware of prices they may face nor what is charged elsewhere or for medicare recipients.

Giving the people such information empowers them to negotiate the price of their provided medical services. Thereby, medical service costs will begin to normalize toward a realistic cost plus margin.

The database will also serve to introduce an element lacking in the business of medical care; the invisible hand of cost control - the true market force pricing of supply and demand. Thus devolving the current pricing scheme that is at the will of the service providers with the patrons seemingly feeling obliged to pay the price before them.

Health Care
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