Insight, analysis & opinion from Joe Paduda
The transaction count just got larger; work comp PT industry founder MedRisk has just acquired imaging company MDIA. The deal adds an entirely new product line to MedRisk’s existing physical medicine management offerings, one with a national network of … Continue reading Another work comp transaction is done
Read More...I’m thinking the investment community’s current obsession with workers’ comp is not going to end anytime soon. For several months I’ve been saying investors will move away from work comp when the next new thing comes along. As one who … Continue reading Investors may well keep their focus on work comp
Read More...That didn’t take long. On the same day Kelso and Stone Point did the PMSI-Stone River deal, giant PE firm KKR bought Mitchell International for $1.1 billion. The transaction, reported to value Mitchell at 11-12 times adjusted earnings (no word … Continue reading Mitchell has been acquired. What’s next?
Read More...The pace of change – mergers, consolidations, physician/hospital affiliation, new construction and shifting of services – in California’s health care system is fast and accelerating. Several area-specific reports just out from the California Healthcare Foundation provide a great overview of … Continue reading Rapid change in California’s health system
Read More...There’s going to be more change in health care this year than in any year in memory. Here’s what I see coming. 1. Most states will expand Medicaid. Despite their protestations to the contrary, governors – even those in redder-than-red … Continue reading Predictions for health care in 2013
Read More...Here’s what I see happening in the world of workers’ comp and WC services in 2013… three today, three tomorrow and the last four Wednesday – unless other news intrudes. 1. Vendor consolidation There are two main drivers – the … Continue reading Predictions for the workers comp world in 2013
Read More...Many payers’ bill review systems are still not electronically connected to medical management applications; bill review prices are lower than they were three years ago, and payers are increasingly interested in bill review applications’ rules engines. Those are three of … Continue reading Workers comp bill review – key findings from the latest Survey
Read More...While there have been a plethora of deals in the work comp services industry of late, the pending acquisition of MSC by OneCall Medical has surprised many. The rumored size of the transaction, the buyer, and the level of interest … Continue reading So, what does the MSC deal mean?
Read More...While Coventry’s work comp division revenues were pretty much flat quarter over quarter, the company views the results as better than expected. . In comments during this morning’s Q1 2012 earnings call, CFO Randy Giles said Coventry had experienced “higher … Continue reading Coventry’s Q1 2012 earnings report – the work comp story
Read More...This year’s RIMS conference is in Philly once again, and by the looks of the exhibit floor there’s a lot going on. Here’s a few of the news bytes circulating around the floor. – TPA TriStar is acquiring REM, continuing … Continue reading Report from RIMS – day one
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