Yelp+ for hospitals with procedural cost information, reviews etc.
The solution? Arm patients with easy to access historical information of procedures at each hospital with user submitted price information, ratings etc. Integration with insurance provider to personalize patient decision making on which hospitals are within network and which ones aren't, expected out of pocket expenses etc. Include foreign hospitals as well, and this becomes a platform that forces competitive pricing and efficiency in healthcare.
A new law that the US Govt. has passed also mandates hospitals to release information regarding costs for procedures, which is another potential point of integration to improve the pricing dataset.
Long term, this could be the single source of healthcare decision making and planning. Planning to have a kid? This is how much you need to save. Have a family history of heart conditions? Save up to $x in HSA etc. by the age of 40.
What do you guys think?