Insight, analysis & opinion from Joe Paduda
It has been a while since we checked in on OneCall. The investment community’s level of interest seems to be rising as I’ve had several calls from investment firms of late, all seeking information on what’s happening and what the … Continue reading What’s up with OneCall?
Read More...Thanks to a massive restructuring, OneCall lives to fight another day. This is excellent news for the folks who work there; not so much for the original investors. Briefly, absent a new injection of equity and major reduction of debt, … Continue reading OneCall’s Halloween is going to be all treats!
Read More...Too darn busy last week to get my usual 3-5 posts up…things are calming down this week so expect to see posts in your inbox. Followup on One Call; after the Debtwire article about OCCM debtholders organizing to prepare for … Continue reading Monday morning quick hits; OneCall, WCRI, and a correction/expansion
Read More...I think it’s only fair to allow One Call to tell their side of the story. So, here it is. Yesterday One Call execs had an off-site meeting and subsequently released a letter to customers extolling the successes the firm … Continue reading OneCall’s doing great!
Read More...Some of the investors that own OneCall Care Management’s debt holders are getting organized to prepare for a “potential liquidity event and expected covenant violation…” That’s the lede from a piece [subscription required] authored by Associate Editor Paunie Samreth citing … Continue reading OneCall’s financial situation is…
Read More...Summer isn’t off to a sunny start for OneCall. Two good-sized customers are moving their business to other suppliers. Sources indicate concerns over OCCM’s financial situation led to the switch to other vendors for transportation, PT, imaging, DME and home … Continue reading Quick update on OneCall
Read More...On its third CEO in four years and facing a tough financial picture, it’s time to think thru the challenges facing OneCall in 2019. First, workers’ comp is a declining business – claim counts continue to fall. When you’re as … Continue reading OneCall – what’s next?
Read More...Two faulty assumptions and a big change in fee schedules have combined with management missteps to make OneCall Care Management’s brief history a painful one. The latest financials indicate things have deteriorated significantly over the last few years. How did … Continue reading OneCall’s latest numbers
Read More...Last week One Call Care Management conducted another round of layoffs, with most coming from field sales. I’ve heard a few operations folks were also let go. Word is the field force reduction is driven by two factors. First, former CEO Joe … Continue reading OneCall cuts back
Read More...is Dale Wolf. Wolf, OCCM’s executive chair, was named CEO yesterday after serving as the interim CEO since Joe Delaney’s departure last summer. Wolf’s history includes a stint running the small group health insurance business at the Travelers (where he … Continue reading OneCall’s new CEO
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