Insight, analysis & opinion from Joe Paduda
One year ago – against my better judgment – I made eight predictions about what would happen in the work comp managed care world. Here’s how I did. 1. Coventry will be acquired. Well, that’s a helluva way to start … Continue reading Last year’s work comp managed care predictions
Read More...The private equity and venture capital folks have been prowling around the WC managed care world for a couple of years now, looking for opportunities to invest their hard-solicited cash. Firms have invested in PBMs (MSC and Cypress Care), bill … Continue reading So, you want to invest in workers comp managed care?
Read More...Interesting notes from their analyst’s call, focusing on their First Health acquisition… They are “achieving synergies” by reducing headcount and consolidating purchasing. On the pink-slip front, the combined First Health-Coventry operations will shrink by about 450 positions by year end. … Continue reading Coventry
Read More...Over the last year or so, there has been quite a bit of speculation, especially in the workers comp arena, about First Health’s future. Consulting clients in particular were unsure of the future direction of the company, as it seemed … Continue reading What happened to First Health?
Read More...CorVel Corp just announced its results for the quarter and nine months ending December 2004 , and the picture isn’t pretty. Both revenues (down about 7%) and profits (dropped about 30%) declined significantly from the same period in 2003, while … Continue reading CorVel results
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