Explore key trends in the workers' comp industry from a provider perspective, including provider consolidation, network adequacy, and strategies to address provider shortages for better patient outcomes. Watch our insightful video below with Kate Farley-Agee, VP of Network Product Management for an in-depth analysis.
Opioid dependence and abuse are prevalent and continue to be a concern in our society and the workers’ compensation population. Medication-assisted treatment using methadone, buprenorphine, or naltrexone along with counseling and other support is one of the options for managing opioid use disorder. Analyzing the trends within our data related to these types of medications can provide valuable additional insight into the prevalence of evidence-based and guideline-supported approaches related to overall opioid strategy.
Auto insurance carriers are not only facing increasing cost of repairs due to the rise in vehicle complexity but also are seeing increased costs when it comes to settling total losses. Average total loss market values have increased 6.55% in the first half of 2019 compared to the same time period last year, and the frequency of total loss outcomes has increased slightly as well to 17.53% in the first half of 2019 compared to 17.49% in the same time period last year.
Autonomous vehicles have been making headlines for the past several years with some experts in the industry predicting that such vehicles would be taking over our roadways in the next decade. While this scenario seems unlikely due to the challenges that come with 100% automation, automakers are now equipping their vehicles with more advanced autonomous features that require less driver involvement.
Today's connected consumers tend to have a higher expectation of self-service options.
As the telemedicine industry continues to boom we’re seeing new forms of telehealth emerge in the marketplace. Variations including tele-rehab, remote patient monitoring, and even “avatar-like” nurses being utilized by hospital systems and providers.
The Industrial Commission of Arizona (ICA) recently posted the newly adopted pharmaceutical and physician fee schedules for 2019-2020.