Insight, analysis & opinion from Joe Paduda
Sources indicate Coventry has made an offer to a person to lead the workers comp division of sub First Health. As noted here previously, several candidates were on the bubble in December. Evidently one has dropped out and an offer … Continue reading First Health workers comp leader search nears conclusion
Read More...John Garamendi, Insurance Commissioner of California, has approved the merger of United HealthGroup and Pacificare, removing perhaps the biggest obstacle to the deal. The combination, which will have 26 million members, has now been OK’ed in seven of the ten … Continue reading United Healthcare – Pacificare merger nears completion
Read More...Aetna has officially named Pat Scullion to head up the Aetna Workers Compensation Access subsidiary. Scullion was formerly in a financial role at AWCA; he replaces Robyn Walsh who retired five months ago. Scullion’s background is financial; he does have … Continue reading Aetna’s work comp subsidiary has new leader
Read More...United HealthGroup appears to be preparing to re-enter the workers compensation network business. Sources indicate that the initiative is housed within UHG’s Ingenix subsidiary; plans are not finalized but reports indicate this is all but a done deal. Ingenix’ new … Continue reading United HealthGroup’s workers comp network business
Read More...First Health’s performance to date was addressed in a presentation by Coventry CFO Shawn Guertin earlier this week. First Health, a subsidiary of Coventry, produced revenues for Workers Comp of $53.7 mm in Q1 (corrected for acquisition timing), $53.65 in … Continue reading First Health’s Workers Comp – results and future prognostications
Read More...Managed Care Matters is a year old. Starting with the first day’s posts on the use of oxycontin in workers comp and Coventry’s acquisition of First Health, the blog has covered topics ranging from international pharmaceutical pricing to the investment … Continue reading Managed Care Matters is a year old
Read More...Wellpoint is continuing to consolidate its hold on the nation’s Blues plans with its recent announcement regarding the pending deal to acquire Wellchoice, the holding company that owns New York’s Empire Blue Cross and Blue Shield. The transaction is valued … Continue reading Wellpoint’s acquisition of Empire Blue Cross
Read More...Concentra Inc.’s presentation at the Bank of America Investor Conference earlier this month focused on their continued growth, focus on workers comp, and impact of the acquisitions of Beech Street and Occupational Health and Rehab. Here are some of the … Continue reading Concentra’s investor briefing
Read More...Sources indicate Coventry is still seeking a leader for the workers compensation business at First Health, although they have assigned the task to an outside search firm after their internal recruiters came up empty. Spencer Stuart’s Chicago office is handling … Continue reading First Health search for work comp executive
Read More...Aetna’s workers comp managed care entity (Aetna Workers’ Compensation Advantage, or AWCA) is looking internally for a new leader to replace recently departed Robyn Walsh. Walsh retired from Aetna recently, joining several other senior execs in taking advantage of the … Continue reading Aetna Workers Comp leader search
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