Can One Innovation Spark Change Across Workers’ Compensation?
White Paper Summary
In workers’ compensation, embracing evolution and transformation are critical to the future success of companies within the industry. Many of the root systems and procedures that workers’ compensation are grounded in can come off as antiquated. Evolving forward and creating fresh ideas for the future of our industry are an absolute necessity to succeed within the managed care space.
Within the current climate of the workers’ compensation managed care industry, companies seeking growth often acquire similar partners. Absorbing shares from competitors or buying other, like-minded businesses outright appear to be typical tactics for gaining traction. While these changes often benefit the shareholders and venture capitalists involved, the clients affected may be provided less client choice and independence in their decision-making. Time and time again we have seen these shifts and the clients ultimately get swept up in the wave of consolidation.
Can we gain traction towards greater savings and independence of client-choice simply by adjusting tools and building new technologies? EK Health believes so.
To learn more about EK Health Services, visit ekhealth.com.