Did you have to agree to binding arbitration?

I am three days away from surgery. My surgeon's office, long after all my other forms were signs and pre-op tests completed, suddenly had me sign a form basically saying that if anything went wrong, I agreed that I would not seek a court and jury trial and instead would agree to abide by the decision rendered via binding arbitration. I signed it; I'd just had an endoscopy/colonoscopy that day and was still a bit tired from the sedative and wanted to get home. However, I'm wondering if this is standard. It sounds like I can't sue in the event of something's going wrong. I've never sued anyone in my life, nor have I ever threatened to, but I was not prepared for having to sign this release.

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