Bumrungrad International Offers Free Online Access to Actual Costs of Procedures

ข่าวทั่วไป Thursday October 2, 2008 14:51 —PRESS RELEASE LOCAL

Bangkok--2 Oct--Bumrungrad International Bumrungrad International has launched a unique online service to allow prospective patients to anticipate the costs of treatment. Called REALCOST, the service shows what Bumrungrad patients actually paid in total for over 40 medical procedures at the hospital. Until now, finding out what a medical procedure will cost has been difficult. Many hospitals do not list costs online or only give estimates that exclude significant items, such as doctor fees, that patients will pay when they leave the hospital. Inquirers often have no way of knowing if the hospital’s response is an ‘average’ or ‘lowest possible’ cost. “It’s difficult for both hospitals and patients,” acknowledged Bumrungrad CEO Mack Banner. “You really can’t make a good estimate until the doctor sees the patient and knows what treatment will be required. But patients want to get at least an approximate idea in advance, to help them select a hospital and plan for the costs. We wanted to be transparent and helpful in this regard, and we think the way to do that is simply to show what our patients actually paid.” Created by an in-house team of developers and available free to the public on Bumrungrad’s website (www.bumrungrad.com/realcost), REALCOST lists 45 procedures — surgeries such as appendectomy, heart bypass, hysterectomy, and knee replacement; and diagnostic procedures such as capsule endoscopy and colonoscopy. For each procedure, REALCOST shows information about the total bill patients paid upon leaving the hospital, including doctor fees, medication and supplies, and room costs for inpatient procedures. Inquiry results show three figures: a “low cost” which means only one in four patients paid less; a “median,” which means half paid more, half less; and a “high cost” which was exceeded by only one in four patients who had the procedure. Using a PHACO and Intraocular Lens (cataract surgery) as an example, REALCOST shows a low cost of 56,594 baht; a median cost of 64,096 baht; and a high cost of 88,177 baht. This is based on the total hospital bill with no extra or “hidden” charges. “Most patients will fall somewhere in the middle,” says Banner. “We exclude both the highest and the lowest 25% from the results. Those cases are not typical so it would be misleading to suggest that your surgery would cost as much or as little as that. Of course, after you are evaluated by our specialists, we provide an estimate specific to your case. Then you still have a chance to decide whether to go ahead.” REALCOST is currently based on full year 2007 data. Bumrungrad plans to update its database to keep REALCOST current and to add more procedures. Results can be displayed in any of 45 different currencies. About Bumrungrad International Bumrungrad International is Southeast Asia’s premier private hospital and a regional referral center for advanced care, offering 554 beds, 30 specialty centers, 1,000 medical specialists and over 800 nurses. It is Asia’s first JCI accredited hospital and serves more than one million patients yearly from 190 different countries. For press inquiries, please contact: Public Relations Dept. Tel 02 667 2212 E-mail: [email protected] www.bumrungrad.com

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