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Pharmacy Benefits Management
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Published: 04/17/2012 in Workers’ Comp & Disability
Unnecessary Use of Higher-Priced Medications Leading Cause of Waste; Lower-Cost, Clinically Equivalent Alternatives Would Save Billions for Workers' Compensation Payers
Transforming provider networks: Sedgwick’s five-star provider benchmarking program uses data to build networks on quality of care and successful claims outcomes. Read more to learn how clients consistently realize 20% reduction in total cost of risk.
Despite significant outside influences on the cost of prescriptions, First Script’s clients experienced a 5.3% decrease in drug utilization due to our management programs. This, and other trends, are outlined in the 2012 Pharmacy Trend Analysis.
This white paper from Progressive Medical's SignatureSeries reports that a coordinated approach is needed to effectively solve the issue of opioid misuse and abuse in the workers' compensation industry.
Published: 07/31/2013 in Workers’ Comp & Disability
Experts from Healthcare Solutions identify and debunk five common myths in workers’ compensation and explain why a thorough understanding of these issues can help improve injured worker outcomes, decrease administrative burden and reduce costs.
CorVel’s Focus on Pharmacy Management whitepapers aim to provide readers with tools and approaches to to mitigate exposure in their risk program.
Published: 01/28/2011 in Claims Management
When it comes to compounded prescription drugs, it’s a fairly good bet that payers in the workers’ compensation market are paying more than they should. Read more to learn how Healthcare Solutions' compound drug program is saving money for clients.
Published: 05/23/2014 in Claims Management
Twenty years ago there were only 10 specialty drugs on the market and they were rarely seen in workers’ compensation. Today there are over 300, and drugs such as anticoagulants and antivirals are making their way into claims.
Many work injuries are treated with powerful narcotics. Read about a treatment approach that focuses on patient education and engagement.
Published: 12/19/2011 in Workers’ Comp & Disability
Use of prescription painkillers has increased in staggering proportions compared with other medication classes, in terms of the number of prescriptions written, costs and incidence of overuse and abuse.