Initial Charges: $750,000 – Discount: 35% – Savings: $262,500

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April 13th, 2012
Categories: Success Stories

A patient from the UK suffered a cardiac arrest while visiting the US. The patient spent a total 6 months being treated in 4 different hospitals and accrued charges in excess of $750,000. The incident occurred in the state of Maryland where state law dictates that providers only offer a 2% discount on billed charges. Using our cost-plus methodology and existing relationships with the providers we were able to achieve a 35% discount for the payer in a state where 2% is the norm.