Medical service price reflects the value and the financial compensation for medical services. The medical service price reform plays an important role in optimizing the allocation of medical resources and transforming the operating mechanism of public hospitals. The pricing of medical services should take many factors into consideration such as the characteristics of medical service, service markets, service costs, supply and demand relationships, medical insurance payment policies, compensation mechanisms, and so on. In response to the current situation of price management methods and price levels for medical service in China, various pricing methods such as cost-based pricing, price-regulation pricing, and demand-oriented pricing should be comprehensively utilized to ex- plore a pricing mechanism that separates medical service value from medical service price, human resource value from material con- sumption value, and build a medical service pricing system that could be coordinated with policy objectives.