Insight, analysis & opinion from Joe Paduda
Workers’ comp news… After a long and litigious delay, myMatrixx has been awarded the contract to manage pharmacy benefits for the Coal and Energy programs run by the Federal Department of Labor’s Office of Workers’ Compensation Programs (OWCP). Details of … Continue reading Work comp drugs – Three things
Read More...In work comp services, far too many buyers focus solely on the price of the service. That’s the wrong metric..it isn’t the Price, it’s the Cost (we’ll leave aside the RoI/Value/…for more on that see this.) Price is what you … Continue reading It is not the price Dammit!
Read More...The collapse of two banks and rescue of two others (so far) sent tremors throughout the financial world. First and perhaps most importantly it looks like most workers comp insurers had very little – if any – exposure to either … Continue reading Banking crisis’ impact on workers’ comp…not so much?
Read More...Because they can. Healthcare – and more specifically facility-based healthcare – is a very mature industry and – with one huge exception – exhibits all the hallmarks of such…continued widespread consolidation, shuttering of marginal locations and elimination of unprofitable business … Continue reading Why hospital costs are going up
Read More...Lots happened this week while I was hunting, driving, and finishing up the annual survey of pharmacy management in work comp. A quick update on pharmacy data points… across the 30 respondents we have so far (a few more to … Continue reading Friday catch-up
Read More...is pretty good. Here are the very preliminary takeaways from the latest Survey of Prescription Drug Management in Workers’ Comp…so far 21 phone interviews completed and several more still to go. [if you’re new to MCM, we’ve done an annual … Continue reading The state of work comp pharmacy
Read More...Those who continue to deny the results of the 2020 elections are anti-American; they seek to reject any result they don’t like. That is incredibly dangerous and a threat to our Republic. Across more than 60 cases in 12 states, final … Continue reading The core issue – the anti-Americans.
Read More...WCRI’s webinar on interstate variations in drug payments reminds us that lax regulations and absent legislators cost taxpayers and employers millions. Slides are here – and are free to access. The report itself is here – available free to members … Continue reading Work comp drug spend – profiteering rampant in LA FL and PA
Read More...Yesterday we kicked off Workers’ comp pharmacy week with a quick review of WCRI’s latest research. Today we’ll focus on our annual Survey of Pharmacy Benefit Management in Workers’ Compensation. We’ve been doing this for (gulp!) 19 years, and I’m … Continue reading Work Comp Pharmacy Week – #2
Read More...Today we’re doing a very quick recap of stuff we learned over the last couple of weeks…no opinion here (yeah that was really hard for me…) Extra credit for identifying the man in the picture… But first, for those of … Continue reading Just the facts, ma’am…
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