Insight, analysis & opinion from Joe Paduda
It was perhaps the worst-kept secret in the industry; Aetna’s effort to sell the Coventry work comp business. Now the secret is out, and yes it is true – they are looking to sell the entire thing – network, bill … Continue reading Aetna is selling Coventry Workers’ Comp
Read More...It is a gorgeous day in upstate NY – not that every day in upstate isn’t fabulous. Hope your weather is equally spectacular. This week has been nuts…between deals, indictments, PPACA enrollment…gosh how’s a guy supposed to keep up! First … Continue reading Friday catch-up – non-competes, compounds, and clustermesses
Read More...Here’s my quick take on other interesting/important news of the week… There’s been a good bit of chatter about and fallout from Apax’ acquisition of Genex. Yes, the specialty networks (NSI and MDN) will be part of OneCall, while the case management … Continue reading Friday’s catch up post
Read More...With Apax’ just-announced acquisition of Genex, the pending Coventry transaction, and ongoing consolidation in the PBM space, the work comp services industry will look much different at the end of 2014 than it did even a year ago. OneCall Care … Continue reading Just when you thought it couldn’t keep going…
Read More...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...There’s so much excitement about big data and the potential for it in work comp that it would be all to easy to forget some basics. The law of small numbers chief among them. Work comp accounts for a tad … Continue reading Big data in work comp – no panacea
Read More...Another week on the road, and looking forward to a whole week of NO TRAVEL…oh, the luxury of it! Enough whining – on to the news of import from the last few days. First up, a quick synopsis of the … Continue reading Friday catch-up – Obamacare rollout and WC Rx
Read More...There is NO reason, no rationale, no logic behind docs dispensing drugs to workers comp claimants. Proponents claim it is better care, leading to speedier recovery and lower costs. We long suspected the opposite is true; that is, claimants … Continue reading Yet more evidence doc dispensing is a disaster
Read More...That’s the finding of a massive study of the impact of health reform on mortality rates in Massachusetts. The death rate declined by 3 percent after universal coverage went into effect in 2006, and the carefully-constructed study found that the … Continue reading Insurance saves lives and costs money – and we’re surprised?
Read More...Minutes ago, Xerox officially announced it is acquiring ISG Holdings, parent of Stratacare and Bunch, for $225 million. In its announcement, Xerox claimed that the company is now the “leading provider” of work comp bill review services; that looks like a … Continue reading Xerox’ acquisition of Stratacare and Bunch; done deal
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