Insight, analysis & opinion from Joe Paduda
Healthcare Solutions announced yesterday that it will acquire work comp PBM ScripNet, a transaction that will add significant share to HCS’ Cypress Care PBM business. ScripNet is particularly strong in the ‘central southwest’ market, with substantial share in the governmental … Continue reading ScripNet’s been sold – yet ANOTHER deal in workers’ comp
Read More...It is time to upgrade, and update, this blog. To that end, we’ll be switching to another platform – WordPress – which has several advantages over our current one. The move will take place next week, and you’ll get plenty … Continue reading Changes to Managed Care Matters
Read More...While I don’t profess to be an expert in the use of social media for marketing/brand development, there are a few things I’ve learned in the eight years I’ve been blogging. 1. Don’t inundate bloggers with press releases that are, … Continue reading How NOT to use social media for business
Read More...This isn’t a rant, a polemic, a diatribe. It’s a question. I had breakfast yesterday with a highly-regarded executive at a top-shelf TPA, and during the course of our conversation we got to talking about the Republican convention. From there … Continue reading What’s a “conservative”?
Read More...With a weekend to recover, here are the quick takes from the WCI Conference in Orlando. The ‘Headline’ keynote – Kathleen Madigan – was terrific. Glad I didn’t have to follow her; my “Industry Keynote” didn’t inspire many grins or … Continue reading The Florida comp conference – quick takes
Read More...Rep Ryan has taken what, by any definition, is a very bold and aggressive position regarding Medicare. He has – quite rightly – acknowledged that Medicare’s current financial trajectory is unsustainable. While one can argue with Ryan’s solution, one cannot … Continue reading Paul Ryan’s evolving stance on deficits and Medicare spending
Read More...While there have been a plethora of deals in the work comp services industry of late, the pending acquisition of MSC by OneCall Medical has surprised many. The rumored size of the transaction, the buyer, and the level of interest … Continue reading So, what does the MSC deal mean?
Read More...Rising medical severity. The worst combined ratio in a decade. Inadequate reserves. Stubbornly slack employment demand. Premiums down a full 23 percent over the last six years. Things can’t get any worse, right? Right? Before we answer that, consider many … Continue reading Is work comp going to get any better?
Read More...After the release of its much-awaited update on physician dispensing in workers comp, WCRI found itself under verbal assault from physician dispensing company Automated Healthcare Solutions. AHCS, perhaps the largest firm in the business (and partially owned by Boston-based ABRY … Continue reading WCRI – under assault by physician dispensing company
Read More...In Illinois, physician dispensed drugs accounted for almost two-thirds of all drug costs in 2010-11. Same in Florida. Maryland – 47%; Pennsylvania – 27%; Tennessee 25%; Michigan – 22%. The data are from WCRI’s just-released study on Physician Dispensing in … Continue reading Physician dispensing in comp – growth is exploding
Read More...