Insight, analysis & opinion from Joe Paduda
With the release of WCRI’s latest report – this on on outpatient facility surgery costs – I’ll have to leave the next and last wave of crystal ball gazing to tomorrow. That’ll ensure it has a full charge before I … Continue reading Work Comp Outpatient facility costs – the summary
Read More...The Allen Wise II era has begun with today’s release of Coventry Health’s fourth quarter 2008 earnings. Wise, who occupied the CEO/Chairman’s office before the recently-departed Dale Wolf, resumed the position ten days ago after Wolf resigned. Here’s my key … Continue reading Coventry’s earnings call – facility costs are the problem
Read More...I don’t have any statistics or studies to back this up, but after conversations with several large and medium workers comp payers it is apparent facility costs are on the rise. And the increase looks to be higher than projections, … Continue reading Workers comp facility costs on the rise
Read More...For those I caught with my April Fool’s post…I hope you took it in the spirit in which it was intended… Okay, back to reality (oh no….) Hospital closures and cutbacks Another hospital in a non-Medicaid expansion state is closing … Continue reading Wednesday catch-up – data breach, hospital cutback, and the ACA 10 years on.
Read More...Aren’t getting near enough coverage from industry media. We’re talking about the battle over prior authorizations (PA) and the Change Healthcare cyber attack. Both have major implications for healthcare and workers’ comp; I’ll very briefly summarize both here and we’ll … Continue reading Two big things
Read More...Some of you know Jay Stith – he’s been working with HSA for half a decade now, heading up data analytics and research. Jay’s brilliant, has a great dry wit, and most of all very insightful. He sees stuff – … Continue reading Predictions for healthcare in 2024
Read More...A couple weeks back NCCI released information about its annual survey of work comp execs. About 100 participated in the survey; some of the results were a bit surprising. Execs were asked about their “concerns” re workers’ comp…frankly I found … Continue reading NCCI’s executive survey…what medical inflation??
Read More...Here’s the second half of my predictions – and how they panned out… 6. The growing impact of global warming will force changes in risk assessment, management and mitigation; technology adoption; and claims. The predicted (heat injuries, wildfires, hurricane intensity, sea … Continue reading 2023 work comp predictions…how’d I do part 2
Read More...Yikes! A year has passed (good riddance!), and it’s time to own up to how I did on my annual predictions for workers’ comp – and stuff that will drive WC. A view inside HSA’s intergalactic headquarters’ predictive analytics department… … Continue reading Predictions for 2023…how’d I do?
Read More...It’s that time of year…when the brilliant minds at WCRI release the latest CompScope report. The top finding…is likely to surprise many… Couple observations: yes, this was during COVID….medical costs during COVID were LOWER, not higher than previous in previous … Continue reading CompScope is up…medical costs are not.
Read More...