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.
Brett Penager
Brett Penager is a founding partner and co-owner of Medulla, LLC (www.medullallc.com), the health care management company that supports Chiro One Wellness Centers (www.chiroone.com) and MyoCore (www.myocore.com) with over 88 offices nationwide and growing. A 4X Top 10 Crain's Business Weeks Fast Fifty and 3X Inc. 500/5000 award recipient, Medulla is the largest privately owned chiropractic health care organization in the world and partnered with PE firm Vistria, resulting in a first-ever chiropractic organization nine-figure transaction. For more information, email Brett at brett.penager@medullallc.com.