Insight, analysis & opinion from Joe Paduda
Frank Pennachio is one of the smartest people in workers comp. His piece on the complicity of employers in screwing up their own claims published in Risk and Insurance is just terrific. TPAs are making a lot of money on … Continue reading Employers’ self-defeating behavior
Read More...In my post earlier this week I reported on the change at the top of Coventry’s workers comp division, saying “Young came into the organization in the Concentra deal. Generally well regarded by customers, his promotion has been characterized by … Continue reading Coventry correction (?)
Read More...Jim McGarry has moved on, and David Young has moved in. That’s the quick report on changes at the top of Coventry’s work comp unit – but more is coming. McGarry, who reportedly has a solid relationship with Allen Wise, … Continue reading Coventry work comp – the change has started
Read More...In no particular order, here’s what I’m hearing about goings-on at Coventry’s workers comp division. Coventry has told several clients it is hiring dozens of staff to improve the quality of provider data; interestingly this message has gotten to some … Continue reading Coventry’s work comp developments
Read More...As Bob Laszewski points out today, the current Obama budget does little to actually reduce health care costs. But, as I pointed out last week, the only sacred cow yet to be gored is that of physician reimbursement. Bob notes: … Continue reading What about physician reimbursement
Read More...A detailed review of Coventry’s latest 10k provides a little perspective on the size of the work comp business. here are a few numbers to consider (all figures for 2008). – Total WC revenues – $737 million – PPO revenues … Continue reading Coventry’s work comp business
Read More...Last night’s not-the-state-of-the-union speech covered a lot of ground, some of it rather superficially. Although health care was one of the President’s three key initiatives, he kept his comments at the proverbial thirty thousand foot level. He did take credit, … Continue reading Obama’s speech – what does it mean for health reform?
Read More...One of the great things about blogs is I can always point back to previous posts where my predictions came true – thereby confirming my prescience. One of the lousy things is you can point back to where I was … Continue reading Sebelius – front runner for HHS Secretary…or not?
Read More...For we policy types, one of the most important provisions in the stimulus bill, aka the American Recovery and Reinvestment Act, addressed comparative effectiveness research. Alas, the $1.1 billion+ invested in transforming medicine from art to science has been fed … Continue reading Comparative effectiveness – what’s left after the sausage-making process
Read More...Both. At least that’s how company execs want to ‘brand’ Corvel – but it isn’t what their TPA customers want to hear. Me? I’m not so sure. Here’s how Corvel described itself in a recent SEC filing: “CorVel Corporation is … Continue reading Is Corvel a TPA or a managed care company?
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