Insight, analysis & opinion from Joe Paduda
Just two things today – Let’s start with the CorVel – Fort Worth PD incident. After a police officer was shot, CorVel sent a nurse to the hospital, where the nurse was accused of asking “inflammatory” questions by an outraged … Continue reading Friday catch-up
Read More...While it may be a bit premature, I’d suggest it is never too soon to being thinking thru the potential implications of a deal of this magnitude. Let’s do a very quick review of market changes, then jump into … Continue reading The Apax-Coventry deal – implications aplenty
Read More...I attended and was privileged to speak at the Hawai’i Rx Drug Summit, held yesterday in Honolulu. Focused on opioids and drug controls but with a heavy emphasis on physician dispensing of drugs, the Summit also featured a random guy videotaping … Continue reading Hawai’ian Drug Summit – weird goings on…
Read More...I received this comment from a reader in response to my post about ExamWorks and their recent financials. It is quite thorough and well worth consideration on its own merits. Thanks Joe for a very interesting post. The market is … Continue reading ExamWorks – another opinion
Read More...One year ago – against my better judgment – I made eight predictions about what would happen in the work comp managed care world. Here’s how I did. 1. Coventry will be acquired. Well, that’s a helluva way to start … Continue reading Last year’s work comp managed care predictions
Read More...The work comp TPA business is at last beginning to emerge from a very long, and very cold, winter. The soft market drove many of their customers back into the arms of insurers, as premiums were very competitive with the … Continue reading What self-insureds want from TPAs
Read More...Because they are more interested in their profits than their customer’s needs. The big comp network companies (with “big” referring to the size of the network, not the company, as there’s only one BIG NETWORK COMPANY – Coventry) have a … Continue reading Why big comp networks won’t do the smart thing
Read More...Much against my better judgment, here are my predictions – in no particular order – for the work comp managed care world in 2009. 1. Coventry will be acquired. Currently trading just under $15 per share, Coventry Health looks to … Continue reading Predictions for Comp managed care in 2009
Read More...Back in September the good folks at the Texas Department of Insurance published a most interesting report (shows what a geek I am) – the 2008 Workers’ Compensation Network Report Card. Let’s start with the overall numbers. Medical costs were … Continue reading Networks in Texas – what are the results?
Read More...The comp conference ended (for me) last Thursday; the passage of time allows for the individual impressions to meld into an overall picture of the current, and near-term future, of the comp managed care industry. Here’s what it looks like. … Continue reading The (short term) future of workers comp managed care
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