December 16, 2017

WCRI: IN Sees First Decline in a Decade in Medical Payments per Workers’ Comp Claim

Cambridge, MA – Medical payments per workers’ compensation claim in Indiana decreased from 2014 to 2015 for the first time in more than a decade, according to a new study by the Workers Compensation Research Institute (WCRI). The study, CompScope™ Medical Benchmarks for Indiana, 18th Edition, examined medical payments per claim, prices, and utilization, comparing Indiana with 17 other states. “This study provides a look at how medical payments per claim in the Indiana workers’ compensation…[Continue Reading]

The Hartford Names Dr. Adam Seidner Chief Medical Officer

Hartford, CT – The Hartford, the No. 2 workers’ compensation and group disability insurer, has appointed Dr. Adam Seidner, MD, MPH, to the role of chief medical officer. Reporting to John Kinney, the company’s chief claims officer, Seidner will be responsible for leading The Hartford’s medical strategy and policy across all lines of business with a particular focus on workers’ compensation and disability management. “The Hartford is dedicated to helping our customers recover following an injury…[Continue Reading]

AMERISAFE Announces 2017 Third Quarter Results

DeRidder, LA – AMERISAFE, Inc. (Nasdaq:AMSF), a specialty provider of hazardous workers’ compensation insurance, recently announced results for the third quarter ended September 30, 2017. G. Janelle Frost, President and Chief Executive Officer, said, “Capital strength and continued profitable underwriting led to this quarter’s declaration of an extraordinary dividend. AMERISAFE is well positioned for the future and remains committed to the underwriting discipline and claims management…[Continue Reading]

WorkCompRecap: Watch & Learn!

Today’s issue of WorkCompRecap features an upcoming webinar from WCRI on its latest research on fee schedule regulations and their impact on variation in medical payments across states’ workers’ comp systems. The webinar will be hosted by WCRI’s Dr. Rebecca Yang, a senior public policy analyst, and Dr. Olesya Fomenko…[Continue Reading]

WCRI Announces Webinar on Latest Fee Schedules and Medical Price Research

Cambridge, MA – The various design choices of fee schedule regulations and their webinar impact on variation in medical payments across state workers’ compensation systems will be discussed during an hour-long webinar by the Workers Compensation Research Institute (WCRI) on Thursday, Nov. 2, 2017, at 12 noon ET (11 a.m. CT, 10 a.m. MT, and 9 a.m. PT). “Those who attend this webinar will learn the key decisions states have to think about in designing and updating a fee schedule…[Continue Reading]

One Call Clinical Experts Discuss Key Trends at Virginia Workers’ Comp Conference

Jacksonville, FL – The workers’ compensation industry urgently needs proactive strategies to deal with two growing concerns: the aging workforce and the increased incidence of comorbidities among injured workers. These trends are dramatically impacting claims costs and outcomes, as well as complicating treatment and management of work-related injuries. To discuss the scope of these issues and the impact on workers’ compensation programs, One Call Care Management sent two of its clinical…[Continue Reading]

Express Scripts Announces 2017 Third Quarter Results

St. Louis, MO – Express Scripts Holding Company (Nasdaq: ESRX) recently announced 2017 third quarter net income of $841.7 million or $1.46 per diluted share. 2017 third quarter adjusted earnings per diluted share was $1.90.* “We have taken significant steps forward this year to build upon our heritage of industry leadership, client alignment and quality patient care, all of which positions us for growth,” said Tim Wentworth, President and CEO of Express Scripts. “We are transforming Express Scripts…[Continue Reading]

CA DWC Suspends Three Medical Providers for Fraud

San Francisco, CA – The Division of Workers’ Compensation (DWC) has suspended three more medical providers from participating in California’s workers’ compensation system, bringing the total number of providers suspended this year to 52. DWC Administrative Director George Parisotto issued Orders of Suspension against the following providers: Byong Chun “David” Min of Irvine pled guilty on April 20, 2016 to health care fraud and illegal kickbacks. Min, co-owner and operator of…[Continue Reading]

WorkCompRecap: Severity Study!

Today’s issue of WorkCompRecap features the release of a new research brief from NCCI that examines medical costs in the workers’ comp system, and more importantly the interesting development in 2015, where for first time in more than 20 years, the average severity of medical claims for employees who were out…[Continue Reading]

CompLinks: 10/27/17

CompLinks are a daily set of pertinent links that we believe will be of interest to our readers. The pharmacist and the claim Sedgwick Connection Concentra – USHealthworks – implications for workers’ comp Managed Care Matters Liberty Mutual Files Suit in Pennsylvania Against Compounding Pharmacies and Doctors UR Nation Editor’s Note: These links lead to outside news sources.… [Continue Reading]

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