A Workers’ Comp Quiz
Managed Care Matters
by Joe Paduda
3d ago
Workers comp is: a) hugely profitable, b) way over-priced, c) even more profitable than it looks, d) by far the most profitable P&C insurance line, e) NOT suffering from medical cost increases, f) a highly mature industry with all the ..read more
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Actions have consequences; the impact of abortion bans on healthcare access
Managed Care Matters
by Joe Paduda
5d ago
Research indicates state abortion bans will deprive residents of healthcare. Newly minted MDs are avoiding states with restrictive abortion policies, as are physicians seeking advanced training in OB/GYN and primary care. AAMC-sponsored research found there are fewer applications for residency and ..read more
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Good News Friday…Strong economy, lower drug costs, more jobs in Wisconsin, and no more noncompetes
Managed Care Matters
by Joe Paduda
1w ago
Lots of really good stuff to end your week… the Economy… remains quite good with 175,000 new jobs last month. This was not as many in previous months… BUT it looks increasingly like (From NYT) “the exuberance of the last two years ..read more
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Cost Doesn’t Equal Quality Part 2:
Managed Care Matters
by Joe Paduda
1w ago
All over the country there are areas where the more expensive facility has poor scores for patient safety and outcomes. And with facility costs accounting for about 40% of workers’ comp medical expenditures, you can hardly afford to ignore this ..read more
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MedRisk is buying Conduent’s bill review business – What’s next, Why, and How.
Managed Care Matters
by Joe Paduda
2w ago
Physical medicine management firm MedRisk will acquire Conduent’s Casualty Claims Solutions business. So…what and why and how? What will MedRisk do now? Improve Conduent’s performance is Job One.   Conduent has – to be kind – struggled to deliver customer ..read more
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Good news Friday…much safer cities and a world-leading economy!
Managed Care Matters
by Joe Paduda
2w ago
There’s a ton of good stuff happening…we’ll start with the economy. The US economy is booming – we now account for more than a quarter of the world’s production. Over the last three years: 15.2 million new jobs were created 768,000 ..read more
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Cost Doesn’t Equal Quality
Managed Care Matters
by jay
2w ago
In the ever-changing world of healthcare economics, one thing is becoming more of a norm – high hospital costs. Crazy facility fees coupled with hospital/health system consolidation are leading to higher prices for payers. Facility fees, viewed by some as ..read more
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Walmart is shutting down its healthcare centers…which means…what?
Managed Care Matters
by Joe Paduda
2w ago
Three things. First, healthcare is a very complicated and complex business, nothing like Walmart’s core business  Walmart’s culture, ethos, business practices, priorities, and people built a multi-gazillion dollar consumer business by TBH, beating the crap out of vendors to deliver really ..read more
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Hospital goings on…
Managed Care Matters
by Joe Paduda
2w ago
Couple things you need to track… First, hospital mergers and acquisitions soared in the first three months of 2024.  From Fierce Healthcare… Among the quarter’s 20 deals, four were “mega mergers” in which the smaller party had annual revenues exceeding ..read more
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Good news Friday – Ukraine, more insurance coverage, and 54 years in jail for work comp fraud.
Managed Care Matters
by Joe Paduda
3w ago
There’s a LOT of good news today… The House finally approved a massive aid bill for Ukraine – and the aid is already flowing – hallelujah. Several encouraging takeaways… It was bipartisan, with strong support from both parties (who’da thought ..read more
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