News - 2012
Unnecessary Drugs at Very Good Prices
Apr
05
Squeezing TPA’s for Profit and other Myths…
Apr
02
Squeezing TPAs for Profit and other Myths….Or it seems the more I cut my administration/claims medical management, the faster my over all claims costs go up!!! I can’t begin to list the number of self-funded clients I have advised over the years that want to focus on squeezing the absolute last nickel from the 15%-20% administration budget. All of this effort on the “overhead” component of the claims dollar while paying only lip service to ever escalating medical/pharmaceutical costs.
And what do you get when you take a sledgehammer to the administrative budget?
- Adjusters/case managers with too many files,
- Rubber stamp UR
- Less effective provider networks
- Runaway drug costs
My advice is to pick the right vendors but pay them a fair fee to properly handle the claims and not just be a check processor. Then, spend your energy and invest your loss control dollars on effective medical management of your claims. These include:
- Aggressive/early intervention with nurse case managers
- Enhancing the UR function to improve patient accountability and optimize outcomes,
- Address extent and duration of prescription usage, not just cost of pills purchased,
- Secure the right specialty match physicians for peer to peer remediation with treating physicians.
- Constantly monitoring your physician networks to ensure your providers have the best skill sets, not just the lowest price.
At OMCA, we work with TPA’s, adjusters and self-funded employers to make sure medical costs are contained.
Call us, we can do better
William V. Faris, CEO, President
502-495-5040
Doctor shopping – We search & uncover chronic abusers
Mar
28
Snitch or Hero?
Mar
21
Telling the Medical Licensure Board—Snitch or Hero?
We all know about the problems caused by the few bad doctors who over prescribe dangerous narcotics. This is especially true in certain parts of Kentucky where it devastates families and communities.
Board Certified Peer Reviewers can be instrumental in controlling costs when they personally contact treating physicians to discuss alternate treatments, to point out the latest published medical evidence and to collaborate with providers to make sure injured workers are receiving the best possible care.
However, effective peer review physician panels become heroes when they pick up the phone and report obvious/dangerous narcotic abuse situations to medical licensure boards or other regulators. The best reviewers to sit on the sidelines when those few rogue operators are operating outside the law and without regard for an injured worker’s long term health.
Utilization Review means never having to say UR sorry
Mar
16

Dangerous Hospitalizations and Alarm Fatigue
Being in the hospital is a dangerous thing. ECRI Institute is an independent, nonprofit organization that researches the best approaches to improving the safety, quality, and cost-effectiveness of patient care. In a recent publication they listed the top ten technology dangers patients face when hospitalized. Three apply directly to hazards faced by all patients, whether work comp or group medical.
First is alarm fatigue! Who knew? Apparently so many pieces of equipment have alarms on them that staff begins to become numb to the sounds of alarms. Next is excessive exposure to radiation from CT scans and radiation therapy. Not the norm but when mistakes are made as to dosage, the results can be critical. And then there are medical errors when using infusion pumps. Doctors, nurses, pharmacists and others contribute to this with illegible orders, improper delivery and mixing up patients.
Unnecessary hospitalizations can be expensive and deadly. Good utilization review can make sure that only those who need the intense services of in-patient care are exposed to this environment. This saves both money and lives.
OMCA is accredited by URAC for both health and workers’ compensation utilization management. Call us. We can do better. 502-495-5040
William V. Faris, JD
President and CEO
