Insight, analysis & opinion from Joe Paduda
Healthcare provider vertical integration increases work comp medical costs, increases disability duration, and does not deliver better outcomes. And, provider consolidation continues to increase. The lede is the one-line summary of WCRI’s latest – and quite useful – research. Olesya … Continue reading Provider consolidation = Higher workers’ comp costs, longer disability
Read More...Is Not Good. that’s the primary takeaway from Bogdan Savych PhD’s presentation at WCRI’s annual conference– and a lot of other work I’ve done on the topic. Consolidation eliminates competition – although I’d posit there’s little true competition in health … Continue reading WCRI #4 – Provider consolidation’s impact on workers’ comp
Read More...Hospitals, health care systems, large multi-specialty groups – all are getting bigger by buying each other, merging, or snapping up smaller hospitals and physician practices. Providers smart/fortunate enough to be inside these mega-systems enjoy pricing power, strong brand recognition, and … Continue reading The impact of provider consolidation
Read More...Over the last few years, there’s been increasing consolidation among health care providers – hospitals buying physician practices, health care systems merging, hospitals ‘partnering with’ other hospitals. Overall, consolidation of providers has led to better health outcomes but had also … Continue reading Provider consolidation – higher prices, better outcomes
Read More...Consolidation among health systems and hospitals continues apace, and with it comes higher costs, more utilization, and longer disability durations. Get the details from WCRI’s much-watch webinar on the impact of vertical provider integration on prices, medical utilization and outcomes. … Continue reading Two major drivers of healthcare outcomes and costs – Consolidation and Medicaid expansion
Read More...As we march thru the list of big bigger and likely gonna-be-biggest WC services entities, we are now at the single service providers. This won’t take much time. Conduent is the leader in market share in workers’ comp bill review … Continue reading Consolidation in work comp services – comments on Conduent
Read More...Last week we pondered Paradigm’s future, before that we mused about Mitchell’s. Today we opine about Optum. First, a little history. Back in the Pleistocene, I worked for what was then UHC. United Healthcare was considered the best managed care company … Continue reading Consolidation in work comp services – Opining on Optum’s future
Read More...Considering the landscape of service providers, one might think it easy to identify the acquirers and targets. Reminder – the companies we are considering are Mitchell/Genex/Coventry (MGC), Paradigm, Conduent, Optum Workers’ Comp, OneCall, ExamWorks and one step down, MedRisk (HSA … Continue reading Consolidation in work comp services – speculating on Mitchell’s future
Read More...Ed. note – got an email from a colleague asking “so why should I care about who owns who or what their strategy is?” Because your service providers – that you pay a shipload of dollars to and through – … Continue reading Consolidation in work comp services – multi-service vs single focus
Read More...Yesterday’s intro to the coming consolidation in workers’ comp services identified 7 entities – Mitchell/Genex/Coventry (MGC), Paradigm, Conduent, Optum Workers’ Comp, OneCall, ExamWorks and MedRisk (HSA consulting client) that might will be the last one(s) – standing when the music … Continue reading Consolidation in work comp services – PE vs Corporate owners
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