A leading US-based healthcare service provider developed a new system that should produce considerable savings to payers. A Patients' Compensation System shall be introduced that could significantly reduce the practice of defensive medicine. Bioscience Valuation quantified the savings to Medicare, Medicaid and private insurance companies.
The new system is being implemented in Georgia and Florida. Bioscience Valuation's work is cited in the Wall Street Journal (WSJ March 20, 2013).