Heart of the Rockies Regional Medical Center is introducing cash-based
pricing for magnetic resonance imaging (MRI) and computed tomography (CT
or CAT) scans beginning Thursday, June 1.
Patients pay for the service upfront with cash, check or credit card. Insurance
companies will not be billed so the cash payment will not go toward an
insurance deductible. The cash-based price includes both the hospital
charge and the radiologist’s fee.
The hospital is able to offer the cash discount because there are fewer
administrative costs, and payment is received in full at the time of service.
CTs or MRIs done at HRRMC prior to June 1 do not qualify for the cash-based pricing.
A doctor’s order is still required for all MRIs and CTs done at the
hospital regardless of payment method, and a report will continue to be
sent to the ordering physician.
“The hospital has been developing cash-based pricing for these two
radiology services for some time,” said Lesley Fagerberg, vice president
of finance. “We are aware that more and more of our patients have
limited insurance coverage or high-deductible plans and we wanted to offer
a more affordable option.
“I encourage patients to call our Patient Financial Services office
at 530-2475 prior to a CT or MRI scan to determine their out-of-pocket
costs so they can decide if cash-based pricing is the best option for
This is the second initiative HRRMC has undertaken to address the cost
of health care. In 2014, the hospital introduced Direct Access Lab Testing,
which enables patients to order lab tests at discounted prices from a
set menu of 19 tests without a doctor’s order. Patients pay upfront
for the tests and are responsible for sharing the results with their provider.
Direct Access Lab Testing is offered at the hospital seven days a week
and at the HRRMC Buena Vista Health Center Monday through Friday.
For more information about cash-based pricing for MRIs and CTs, call 530-2475.