Insight, analysis & opinion from Joe Paduda
It sure looks like they/you have. WCRI’s latest report finds: Physician-dispensed drugs (PDDs) accounted for more than half of drug costs per claim in Q1 2020 in four states – Florida, Georgia, Illinois, and Maryland. In 12 states, doc-dispensed dermatological … Continue reading Have work comp payers given up on physician dispensing?
Read More...The Greatest Country on Earth will not conquer COVID. Misinformation by “thought leaders” and their followers is the primary reason. The CDC ‘s experts no longer believe herd immunity is possible. Instead COVID will become woven into the fabric of … Continue reading Recklessness and Responsibility
Read More...How an investment firm can own a physician dispensing company and a work comp program administrator. ABRY has acquired a controlling interest in NSM, an insurance program administrator focused on, among other things, selling work comp to smaller employers. Yawn, right? … Continue reading Help me understand…
Read More...Employers, taxpayers and insurers got a very loud wake-up call last month. If there was any doubt about the financial power of dispensing companies and their owners (we’re talking you, ABRY) – and the unbelievable profitability of dispensing – that has been … Continue reading Bringing a knife to a gun fight
Read More...I know, you are as tired of reading about physician dispensing in work comp as I am writing about it. At last, there’s some very good news. Quick refresher – docs dispensing drugs adds about a billion dollars in excess … Continue reading Physician dispensing in work comp; two victories!
Read More...Today’s catch up leads off with some pretty grim news. Pennsylvania’s drug problem is getting worse. WCRI’s just-released report on physician dispensing drugs to work comp claimants in Pennsylvania provides a clear warning to the Keystone State’s employers and taxpayers – … Continue reading Friday catch up – Pennsylvania’s drug problem and other news
Read More...I’m beginning to think this is a misnomer, as there’s so much going on these days it is impossible to “catch up”. We’ll try. I did not attend RIMS this year (or the last few). While the must-go for brokers … Continue reading Friday’s catch up
Read More...Allstate Insurance filed suit against physician dispensing “technology” firms Infinite Strategic Innovations Inc (ISI) and Doctors Medical LLC earlier this week. This is the second in what may be an-ongoing series of legal actions by the giant insurer, and comes … Continue reading Another bomb drops on physician dispensers
Read More...Are all described in detail in Greg Jones’ terrific piece in this am’s WorkCompCentral. The 1,000 + word piece lays out the fraud perpetrated on California’s employers by the owner of Pacific Hospital, the complicity of two California legislators, and … Continue reading Fraud, huge profits, and long jail terms
Read More...Doc-dispensing firms have their minions out and about in multiple state capitols, using their dollars to buy lobbying prowess and support pliable politicians (talking about you, Clayton Hee in Hawai’i). What’s different these days is they are supporting fee schedules … Continue reading Why are drug dispensing firms supporting fee schedules for doc dispensed drugs?
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