Insight, analysis & opinion from Joe Paduda
WorkCompWire’s Leaders’ Speak column features a two-parter from Jack Bailey of Bailey Southwell. He has worked on a lot of transactions in our space and knows a lot about deal-making. Bailey’s point about the growing importance of technology, and specifically … Continue reading Work comp services: Specialize or Generalize?
Read More...HSA’s third Survey of Bill Review in Workers’ Comp and Auto is done – final editing is in process and we’ll have the report out shortly. There’s one key takeaway – it’s all about customer service. We will dig into … Continue reading It’s all about customer service
Read More...Yesterday’s announcement that Concentra owner Select Medical is purchasing US Healthworks sent waves through the workers’ compensation world. The “new” Concentra will: have 565 occ health clinics and on-site centers in about 40 states, handle around one out of every … Continue reading Concentra – USHealthworks – implications for workers’ comp
Read More...In any very mature industry – and workers’ comp is certainly that, certain truths are immutable. Scale, margin compression, consolidation are all inevitable – or at least two out of three are. Innovation – mostly “small i” innovation – can … Continue reading Watch out for “innovation”
Read More...In the fourteen years I’ve been surveying work comp payers on their views on pharmacy, I’ve never seen so little consensus among respondents on emerging issues. In past years compounds, physician dispensing, opioids, price inflation, and new drug introductions have … Continue reading There’s no BIG problem in work comp pharmacy – and that’s scary.
Read More...Yesterday’s post prognosticated about macro-drivers of workers comp; employment, investment returns, medical costs. Today’s focus is on what those macro-drivers mean for discrete parts of the work comp world – so here are the next five predictions. 6. Winners will … Continue reading Whither work comp in 2017 – Part Two
Read More...For the last five plus years, the investment community has been all over workers’ comp services. Lately, not so much. What’s going on? From PMSI’s purchase by HIG to APAX’ acquisition of Align and One Call to form One Call … Continue reading What’s happened to all the private equity interest in workers’ comp?
Read More...Made it home from warm and sunny Baton Rouge yesterday just in time to escape the travel disaster unfolding across the east coast. Hope you and yours are warm and snug and home. The big news-that-wasn’t was the completion of … Continue reading Friday catch up
Read More...What was noticeable about this year’s NWCDC was what wasn’t. That is, I didn’t hear or see much that was surprising or new or revelatory. After a score of scheduled and many more unscheduled meetings, what emerged was an overall sense … Continue reading NWCDC – key takeaways
Read More...While premium increases remain at pretty low levels, employees’ share of costs is increasing. In fact, that’s one reason premium increases are as low as they are. Without the higher employee premium contributions, deductibles and copays, premiums would have gone … Continue reading What’s happening in the “real” health care world?
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