May 22, 2018

WorkCompRecap: Giving Thanks!

Today’s issue of WorkCompRecap finishes off the short week with WCRI’s release of the Florida edition of its CompScopeā„¢ Medical Benchmarks, which examines medical payments, prices, and utilization in Florida and compared them with 17 other states over a period from 2010 through 2015.

Key findings from the study included that medical payments per workers’ comp claim in the state remained stable in 2015 following moderate growth from 2010-2014. WCRI noted that several medical fee schedule changes were implemented after 2014, and the study provides a view to how hospital payments per claim have changed with experience up to 15 months after 2015 fee schedule changes. Hospital outpatient payments per service for example decreased by 3% after rapid growth in prior years. Inpatient payments per episode grew 13% in 2015, also following a fee schedule update. The report also makes a nod to the Castellanos and Westphal decisions and their potential future ramifications.

Find out more by clicking here!

WorkCompWire will return on Monday.

Thank YOU for being a reader, Happy Thanksgiving, and we hope you find some time to pause and express gratitude for all the good in your life! Need some help with that part? Check out The Thanksgiving Reader (it’s free!)

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