Analyzing closed cases can increase their profitability by 55 percent Three hours per week. That’s the average amount of time a typical physician spends working with health plans, according to a Journal of General Internal Medicine study. Even more, data gathered by the Physicians Foundation indicates that a typical provider devotes...
Analyzing managed care contracting agreements. When it comes to managed care agreements for workers’ compensation cases, there’s often more than meets the eye. Unfortunately, administrators frequently find out the hard way that they’re only being paid a percentage of what they expected...
Large Richmond-area orthopedics practice recovers $4 million in lost workers’ compensation revenue Situation Tuckahoe Orthopaedics is a large orthopedics practice in Richmond, Va. For more than 40 years, Tuckahoe’s attentive staff and highly trained physicians have served the local community, treating thousands of people from all walks...
The National Council on Compensation Insurance (NCCI) is recommending a 10.9% decrease in the workers' comp premium rate. This Florida-based bureau also recommended a -7.5% change for the average assigned risk rate that is effective on January 1. This filing is due to the improved policy...
The laws regarding workers’ comp are continually evolving. The recently-published analysis of employer directions to injured workers on the WCRI website is misleading on the recent law. The headline forces one to assume there is no difference in the costs for an employee or employer choosing the...
It is an age-old battle: labor versus employers. This time, the battle involves one middle man: Medicare fee schedules. In Wisconsin, the Wisconsin Workers’ Compensation Advisory Council proposed an adoption of Medicare-based fee schedules for employees. Note that Wisconsin is one of the seven states that have...