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.
In Remembrance: Dr. Karl W. Parker
Dr. W. Karl Parker passed away on Christmas night at the age of 68 following an 18-month battle with cancer. He died peacefully, surrounded by family.
A 1969 graduate of Texas Chiropractic College, Parker served as executive vice president of the Parker Chiropractic Resource Foundation, conducting seminars with his father Dr. Jim Parker, including the 300th Parker Seminar (1989), which boasted a record 8,300 attendees. After his father's death, Karl began Karl Parker Seminars, continuing his father's legacy of teaching DCs how to more effectively run their practices.
He is survived by a wife, four children and six grandchildren, among others.