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.
IQ (Interesting Quote)
"Physicians predicted a 'great improvement' of quality of life after surgery for 79% and 'moderate' improvement for 20% ... despite clear average improvement, surgeons tended to give overly optimistic predictions that were not correlated with patient outcome at 1-year follow-up."
- Results from a recent study comparing physician predictions with outcomes for patients undergoing surgery for low back pain and sciatica. According to the study, 56% of patients whose surgeons predicted "a great deal of improvement" reported no significant improvement in their health one year after surgery.
SOURCE: Graz B, Wietlisbach V, et al. Prognosis or "curabo effect?" Physician prediction and patient outcome of surgery for low back pain and sciatica. Spine, June 15, 2005;30(12):1448-52.