Insight, analysis & opinion from Joe Paduda
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Update on OneCall’s executive moves
In a press release issued late yesterday, OneCall Care Management indicated the company had named Chris Watson as EVP Operations. While the release doesn’t provide any clear indication if this position is superior to the current two “divisional” COOs, word is Watson … Continue reading Update on OneCall’s executive moves
Read More...Genex is sold, OneCall Care Management adds two more businesses
In a long-rumored-but-just-verified deal, OneCall Care Management is buying specialty managed care businesses Network Synergy and MDN from Genex. Meanwhile, Apax, which also owns OCCM, is buying the rest of Genex. Current Genex owner Stone Point Capital had been looking … Continue reading Genex is sold, OneCall Care Management adds two more businesses
Read More...Align – OneCall, it’s even bigger than I thought
I reported last night that OCCM and Align will be purchased by private equity firm Apax for around $2.3 billion. I was wrong. OCCM alone will go for $2.3 billion, and Apax will also pay somewhere north of $750 million … Continue reading Align – OneCall, it’s even bigger than I thought
Read More...OneCall for sale – again
This just in – word is that One Call Care Management is up for sale, reportedly for a price in the $1.5 billion range. Reuters just reported their sources indicate things are in the “exploratory” stage; if the sources are … Continue reading OneCall for sale – again
Read More...OneCall acquiring TechHealth
Giant workers’ comp managed care firm OneCallCare Management will announce today it is acquiring Tampa-based TechHealth. TechHealth, which has been on and off the block several times, provides a range of services – transportation, home health, DME, PT, pharmacy and … Continue reading OneCall acquiring TechHealth
Read More...Work comp medical, OneCall, and the future of workers’ comp
Something struck me during the bloggers speak session on Thursday – at a time when medical costs are heading up, driven by over-utilization, opioids, crappy networks, and percentage-of-savings-based networks, there are few medical experts in positions of real authority in … Continue reading Work comp medical, OneCall, and the future of workers’ comp
Read More...UPDATE – OneCall Medical to be acquired
UPDATE Last Friday I posted the news that One Call Medical was going to be acquired; here’s the official announcement which was published yesterday. On Monday One Call Medical will announce the company has agreed to be acquired by Odyssey … Continue reading UPDATE – OneCall Medical to be acquired
Read More...2022 Predictions for workers’ comp – How’d I do part 2
Yesterday we dug into my prescience – or lack thereof – as laid out in my first 5 predictions about workers’ comp in 2022. Today, it’s the second 5. 6. With one or two exceptions, don’t expect much in the … Continue reading 2022 Predictions for workers’ comp – How’d I do part 2
Read More...Private equity and work comp services…lessons learned
After 15 years working with private equity firms looking to invest in workers’ comp service companies, I’ve learned a couple of things. Work comp is attractive primarily because it is viewed (accurately) as horribly inefficient, with admin expenses that are … Continue reading Private equity and work comp services…lessons learned
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