June 27, 2017

CompLines: 8/1/12

CompLines is a daily set of pertinent links that we believe will be of interest to our readers. MSC – the deal is done Managed Care Matters Sitting and workers’ compensation claims CID Review Emanuel stays out of Burke worker’s comp feud with inspector general Chicago Sun-Times Editor’s Note: These links lead to outside news… [Continue Reading]

One Call Medical and MSC Care Management Announce Merger Agreement

One Call Medical

Parsippany, NJ – One Call Medical, Inc. (OCM) and MSC Care Management, (MSC) announced today that they have entered into a definitive merger agreement. The merger brings together two market-leading providers of specialized services that support the workers’ compensation industry. The two companies will operate under the One Call… [Continue Reading]

McKesson Agrees to Pay States over $151 Million to Resolve False Claim Pricing Case

TN Attorney General

Nashville, TN – Tennessee will receive approximately $2 million as part of a national agreement with one of the largest American drug distributors, McKesson Corp. for allegedly causing the government to overpay for prescription drugs, Attorney General Bob Cooper announced today. McKesson is alleged to have violated the Federal… [Continue Reading]

CA State Fund Issues First Dividend in Over Ten Years

SCIF

Vacaville, CA – California’s State Compensation Insurance Fund (State Fund) recently began issuing dividend payments to eligible policyholders—the first time in a decade. The $50 million dividend disbursement will be paid to qualifying policyholders on the 2011 policy year. “We believe the dividend can and should function as a way to return… [Continue Reading]

Coventry Health Care Reports Second Quarter 2012 Earnings

Coventry Health Care

Bethesda, MD – Coventry Health Care, Inc. (NYSE: CVH) recently reported consolidated operating results for the quarter ended June 30, 2012. Operating revenues totaled $3.5 billion for the quarter, with net earnings of $91.7 million or earnings per diluted share (EPS) of $0.65. These results include a one-time $7.7 million, or $0.03 EPS, impairment charge… [Continue Reading]

A New Leader Speaks!

Today’s issue of WorkCompRecap finishes out the month strong with the announcement of a new leader, and the publishing of his new post in WorkCompWire’s exclusive “Leaders Speak” section, which features leaders from the Workers’ Compensation Industry, and focuses on issues that are timely, relevant, and thought provoking… [Continue Reading]

CompLines: 7/31/12

CompLines is a daily set of pertinent links that we believe will be of interest to our readers. Ohio Drug Formulary: Encouraging Results Evidence Based Politics and workers’ compensation CID Review Liberty’s Long Faults States on Workers’ Comp Rates; Q2 Profit Positive PC 360 Editor’s Note: These links lead to outside news sources. We check… [Continue Reading]

Jeff Miller: Rx Utilization Management: Tackling Prescription Drug Abuse by Tending to the Patient

Jeffrey Miller, COO, Paladin Managed Care Services

Prescription drug abuse has been all over the news in the last couple years, with prescription painkillers now outstripping cocaine as the country’s biggest drug problem. Much of the attention is focused on opioids, synthetic narcotics with similar effects to opium derivatives. But all types of painkillers and psychotherapeutic drugs appear on workers’ compensation claims… [Continue Reading]

Liberty Mutual Insurance Reports Second Quarter 2012 Results

Liberty Mutual Workers Compensation

Boston, MA -(BusinessWire)- Liberty Mutual Holding Company Inc. and its subsidiaries (collectively “LMHC” or the “Company”) today reported net income of $139 million and $598 million for the three and six months ended June 30, 2012, increases of $318 million and $413 million over the same periods in 2011. “Second quarter premium… [Continue Reading]

Ohio BWC Board of Directors Structures Committees, Welcomes New Members

Ohio BWC

Columbus, OH – The Ohio Bureau of Workers’ Compensation (BWC) Board of Directors recently reorganized the board’s five committees and swore in two new members, Frank A. Guglielmi of Findlay (Hancock County) and Tracie J. Sanchez of Lima (Allen County). The board consists of eleven members with professional expertise in financial… [Continue Reading]

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