Insight, analysis & opinion from Joe Paduda
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...While Coventry’s work comp division revenues were pretty much flat quarter over quarter, the company views the results as better than expected. . In comments during this morning’s Q1 2012 earnings call, CFO Randy Giles said Coventry had experienced “higher … Continue reading Coventry’s Q1 2012 earnings report – the work comp story
Read More...This year’s RIMS conference is in Philly once again, and by the looks of the exhibit floor there’s a lot going on. Here’s a few of the news bytes circulating around the floor. – TPA TriStar is acquiring REM, continuing … Continue reading Report from RIMS – day one
Read More...Now that Express Scripts’ takeover of Medco has gotten the okay by federal regulators, it’s a done deal. The new company will be the nation’s largest pharmacy benefit manager, with only CVS-Caremark There’s pressure on Express to get this deal … Continue reading Express Scripts, Medco, and Walgreens – the deal
Read More...While it’s not a done deal, it’s all but done. Two workers comp physical therapy network companies – Align Networks and Universal SmartComp – are close to merging. Industry followers may recall Align was purchased last fall by General Atlantic, … Continue reading The next deal in workers comp managed care
Read More...Word is the recent flurry of acquisitions and mergers in the work comp services industry isn’t likely to taper off any time soon. Genex is reportedly up for sale, Injured Workers Pharmacy has seemingly been in play for months, a … Continue reading Acquisitions in the offing?
Read More...There’s a lot happening in the work comp industry: a hardening market; frequency ticking up; consolidation/mergers/acquisitions and buyouts; legislative and regulatory changes; and management moves. And all this against the backdrop of a very big election year. So here’s what … Continue reading What’s going to happen in workers comp this year?
Read More...I’d have to say “Yes.” Several sources have confirmed that the rumored acquisition of Avizent by York Claims is an all-but-done deal. York was a small, low-price NYC-based TPA a decade ago, a subsidiary of AIG (who had bought the … Continue reading Is York Claims buying Avizent?
Read More...The healthplan company’s Q2 earnings were released last week. If you were looking for any insights into their comp business, the Coventry release wasn’t the place to look; there was no mention of workers comp results – this despite the … Continue reading The latest on Coventry’s work comp results
Read More...This always seems like a good idea in January, looks like a not-well-thought-thru idea in July, and by December morphs into a well-it-coulda-been-worse idea. But I’ve got a short memory, so here goes – in no particular order, predictions for … Continue reading What’s up for 2011 – predictions for work comp in the Next Year
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