Insight, analysis & opinion from Joe Paduda
Considering the landscape of service providers, one might think it easy to identify the acquirers and targets. Reminder – the companies we are considering are Mitchell/Genex/Coventry (MGC), Paradigm, Conduent, Optum Workers’ Comp, OneCall, ExamWorks and one step down, MedRisk (HSA … Continue reading Consolidation in work comp services – speculating on Mitchell’s future
Read More...Yesterday’s intro to the coming consolidation in workers’ comp services identified 7 entities – Mitchell/Genex/Coventry (MGC), Paradigm, Conduent, Optum Workers’ Comp, OneCall, ExamWorks and MedRisk (HSA consulting client) that might will be the last one(s) – standing when the music … Continue reading Consolidation in work comp services – PE vs Corporate owners
Read More...What’s coming is quite clear – there will be more consolidation in the work comp services industry, much of it likely in the next 12 months. Cue Bachman-Turner Overdrive… Workers’ comp is a shrinking industry; while there may well be … Continue reading Consolidation in work comp services – you ain’t seen nothing yet.
Read More...A well-designed, thorough, and much-needed study of the impact of nurse case management on catastrophic claims was completed late last year by the University of Washington. The UW study examined 216 cat cases insured by L&I, the state workers’ compensation … Continue reading The cost:benefit of catastrophic case management
Read More...Never has the crystal ball been cloudier. A lack of visibility does not mean one shouldn’t think through what might be hidden within the clouds. To quote Dwight Eisenhower, “plans are useless, but planning is indispensable.” While what we think … Continue reading Predictions for 2021 – Workers’ comp
Read More...The implications of Mitchell’s acquisition of Coventry’s workers’ comp business are broad, from insight into the future of M&A in workers’ comp services to impact on competitors. (press release is here) Today we’ll dive into a few of the top-line … Continue reading Mitchell’s Coventry acquisition – implications abound
Read More...An extremely experienced, knowledgeable, and successful executive who happens to be an attorney sent this yesterday – and with their permission, I’m sharing it with you. It is particularly timely coming on the heels of yesterday’s webinar on the subject … Continue reading Why COVID-19 is different
Read More...A dozen years ago, there were lots of relatively small companies delivering specific services to work comp payers. There were 10 PBMs. 5 bill review application and more diagnostic imaging vendors. Dozens of case management companies. Scores of IME firms. … Continue reading After the Coventry deal
Read More...My last post covered the first five of my annual prognostications; today we look a bit deeper into the crystal ball… 6. California’s crooked docs will be outed. With SB 537 signed into law, it looks like we’ll know which … Continue reading Predictions for workers’ comp in 2020, Part 2
Read More...Well, proving once again that I can’t/won’t learn from past mistakes, here are five of my predictions for 2020. The work comp insurance market will stay soft. As in mushy, pillowy, baby rabbit fur soft. Multiple factors make a strong … Continue reading Predictions for workers’ comp in 2020
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