Switch back to WCC classic look

WorkCompCentral – Workers' Compensation Education, Courses, News and Information

Call or email us anytime
(805) 484-0333
Search Guide
Today is Wednesday, November 25, 2020 -

Industry Insights

Paduda: WCRI's Latest and Greatest

  • National

For decades, the Workers Compensation Research Institute's CompScope reports have provided deep insights into workers' compensation in many states. The information is germane not only to those focused on specific states, but for anyone looking to understand what works and what doesn’t, how regulatory changes affect stakeholders and how systems adapt.

Joe Paduda

Joe Paduda

The latest versions are the 21st edition, adding new depth and detail. Streamlined access to specific information and data via quick tabs is a big plus.

I took a deep dive into WCRI’s Florida report and found two key takeaways:

  • If you are a facility, you should love the fee schedule.
  • If you are a medical provider, you should hate it.

Medical providers — doctors, physical therapists, specialty providers — are paid about 30% less than the median state, with PTs at 28% less, evaluation and management codes at 21% less, and X-rays reimbursed at a rate 45% less than the median.

Hospitals are making huge bucks off workers' comp, especially for inpatient visits.  Recent data indicates that well over half of all inpatient episodes are “outliers.” Once claims incur more than $59,000 in charges, reimbursement switches from per diem to percent of charges, more accurately known as “license to steal.”

I get why hospitals are desperate to make huge dollars charging Florida’s employers and taxpayers outrageous amounts: The state didn’t expand Medicaid and has the second-highest percentage of non-elderly folks without health insurance (Texas is tops).

Florida hospitals have to treat a lot of folks without health insurance, and they are looking to workers’ comp to help cover that treatment.

Oh, and COVID’s fallout is adding to hospitals’ financial woes.

The result: Hospitals are getting killed financially.

What does this mean for you?

Make time to read and understand solid research. It will determine your future.

Joseph Paduda is co-owner of CompPharma, a consulting firm focused on improving pharmacy programs in workers’ compensation. This column is republished with his permission from his Managed Care Matters blog.

No Comments

Log in to post a comment


Do not post libelous remarks. You are solely responsible for the postings you input. By posting here you agree to hold harmless and indemnify WorkCompCentral for any damages and actions your post may cause.

Featured Video

Upcoming Events

  • Dec 1, 2020

    NCSI 2020 Webinar Series

    Since our in-person meeting has been canceled we have shifted to a webinar series that will includ …

  • Dec 8, 2020

    Free Webinar: Intro to Traumat

    Overview: Join us for our webinar sponsored by Carisk Partners where they will provide an educatio …

  • Dec 10, 2020

    Free Webinar: COVID-19 Effect:

    Overview: Join us as we revisit the COVID-19 experience once more before the year ends with a glim …

Workers' Compensation Events

Social Media Links

WorkCompCentral Workers' Compensation
News and Education
4081 Mission Oaks Blvd
Camarillo, CA 93012
(805) 484-0333