Franklin, TN – In 2009, the Outcomes‐based Network (OBN) program was launched in Florida, providing clients an opportunity to access a more selective and focused workers’ compensation managed care option. Since the pilot, Coventry has been closely monitoring the program’s impact and is pleased to report findings from a recent study of OBN claim results since the program’s inception.
Specific findings include:
- OBN claims averaged 40% lower medical treatment durations and approximately 20% lower claim durations than non‐OBN Claims
- The average medical cost was 50% lower for OBN claims
- OBN lost time claims have 30% lower indemnity cost as compared with non‐OBN claims
- For those claims with a hospital admission, hospital inpatient costs per claim were approximately 45% lower for OBN claims
- OBN claims experienced approximately 50% lower incidence of permanent partial disability compared with Non‐OBN claims at the 12 month mark as compared to 14% at the 6 month evaluation period
“We are pleased that the results are beginning to reflect our initial expectations of the program, and expect that we will continue to report positive results from the program as we continue to monitor it,” stated Bruce Singleton, vice president, network strategy at Coventry.
Coventry expanded the Outcomes‐based Network program into five additional states in 2011, and expects to report their initial findings on those states in the near future. Coventry also expanded the program to three additional states in 2012. By the end of the third quarter of 2013, Coventry’s Outcomes‐based Network program will be offered in 21 states, focused primarily in states that have similar employer‐choice provider framework.
Source: Coventry WCS
Coventry WCS is a WCW Ad Partner.
This is not a paid placement.