In a landmark development, Blue Cross Blue Shield (BCBS) has reached a $2.8 billion settlement to resolve antitrust claims brought by health care providers, including chiropractors. The lawsuit accused BCBS of dividing the nation into exclusive regions and limiting competition, which resulted in lower reimbursements for providers. Although BCBS denies any wrongdoing, the company agreed to the settlement to avoid lengthy litigation – and you can get a piece of the pie.
Logan College Meets the Challenge -- and Then Some
In the Nov. 5, 1993 issue of "DC," we reported the 75,000 matching funds challenge offered to Logan College of Chiropractic by William Harris, DC, president of the Foundation for the Advancement of Chiropractic Education (FACE). Logan needed to raise $75,000 in cash (not pledges) by December 15, 1993 to receive the matching funds from FACE.
By the Dec. 15th deadline, Logan had not only met the challenge, but exceeded it by $52,337 and change. The $127,337.91 raised by Logan from alumni and friends of the college, and the $75,000 from FACE will go toward Logan's endowment fund. (For those of you who hate doing math, that's $202,337.91.)
"We are very grateful to the Foundation for offering this challenge," said Logan President Dr. George Goodman, crediting Dr. William Harris with motivating the college and its supporters to exceed all fundraising expectations.