MediBid Allows Doctors to Bid on Surgeries

Insured womanMediBid, Inc. is a start-up company that allows patients to describe the procedure they want done and put it out for doctors to bid on. “Our mission is to give better quality health care at a better price with more choice and more access,” says Ralph Weber, a Katy, Texas, businessman and CEO of MediBid. According to investigative reporter Bill Spencer, doctors from all over the country (and even the world) can bid on the job, giving the patient the best price for that particular procedure.

Weber claims that patient customers, by putting their surgical needs out for bid, can save from 35% to 75% on most procedures. “And,” he said, “each bid comes with a rating on that doctor and a brief history of his work.” Among the most common surgeries advertised for are hip and knee replacements.


About Peter Coffaro 1134 Articles

A growth-driven and strategic executive, Peter Coffaro commands more than 20 years of progressive management success within the medical device industry. As a District Sales Manager for Stryker Orthopaedics, Peter was responsible for managing and directing a regional sales force to achieve sales and profit goals within the Rocky Mountain region. Previously, he was the Director of Sales & Marketing for Amp Orthopedics. In this role, Peter was responsible for planning, developing, and leading all sales and marketing initiatives. Peter is a former orthopedic distributor in the Pacific Northwest. He has also worked with DePuy Orthopaedics as well as Zimmer, and held positions in sales, sales training, and sales management. Peter has an extensive background in organizational development, business development, sales management, negotiating and P&L management. Peter holds a B.S. degree in Biology from Northern Illinois University.

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