Court approves CIGNA settlement with physicians

CAL/AAEM News Service pottsbri@yahoo.com
Thu, 12 Feb 2004 09:04:38 -0800 (PST)


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AHA NEWS NOW

The Daily Report for Health Care Executives

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Wednesday, Feb. 4, 2004

4) Court approves CIGNA settlement with physicians

The U.S. District Court for the Southern District of Florida this week approved an agreement between CIGNA HealthCare and some 700,000 physicians involved in class-action lawsuits alleging several managed care companies improperly denied, delayed or reduced their reimbursement. The decision affirms a settlement reached in September in which the insurer agreed to offer multiple alternatives for monetary compensation to the physicians, simplify administrative requirements and procedures, and institute new business practices. The company also committed funds to create a foundation to foster public health improvement initiatives, and will establish a physician advisory committee. For more on the settlement, go to http://www.CIGNAPhysicianSettlement.com.

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Copyright 2004 by the American Hospital Association. All rights reserved. For republication rights, contact Craig Webb.

AHA News is a registered trademark of the American Hospital Association. The opinions expressed in AHA News Now are not necessarily those of the American Hospital Association.



Brian Potts 
Managing Editor, CAL/AAEM News Service 
MS-IV, UC-Irvine

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<DIV><FONT size=2>
<P>===================================</P>
<P>AHA NEWS NOW</P>
<P>The Daily Report for Health Care Executives</P>
<P></FONT><A href="http://us.f413.mail.yahoo.com/ym/www.ahanews.com"><U><FONT color=#0000ff size=2>www.ahanews.com</U></FONT></A></P><FONT size=2>
<P>===================================</P>
<P>Wednesday, Feb. 4, 2004</P>
<P>4) Court approves CIGNA settlement with physicians</P>
<P>The U.S. District Court for the Southern District of Florida this week approved an agreement between CIGNA HealthCare and some 700,000 physicians involved in class-action lawsuits alleging several managed care companies improperly denied, delayed or reduced their reimbursement. The decision affirms a settlement reached in September in which the insurer agreed to offer multiple alternatives for monetary compensation to the physicians, simplify administrative requirements and procedures, and institute new business practices. The company also committed funds to create a foundation to foster public health improvement initiatives, and will establish a physician advisory committee. For more on the settlement, go to </FONT><A href="http://www.cignaphysiciansettlement.com/"><U><FONT color=#0000ff size=2>http://www.CIGNAPhysicianSettlement.com</U></FONT></A><FONT size=2>.</P>
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<P>Copyright 2004 by the American Hospital Association. All rights reserved. For republication rights, contact Craig Webb.</P>
<P>AHA News is a registered trademark of the American Hospital Association. The opinions expressed in AHA News Now are not necessarily those of the American Hospital Association.</P></FONT></DIV><BR><BR><STRONG>Brian Potts <BR>Managing Editor, CAL/AAEM News Service</STRONG> <BR>MS-IV, UC-Irvine<p><hr SIZE=1>
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