CompPharma, led by industry veteran Joe Paduda of the blog Managed Care Matters, released its 16th Annual Survey of Prescription Drug Management in Workers’ Compensation. Primary findings this year included:
- Eighty-three percent of the respondents considered the lack of transparency in pricing to be the number-one problem in work comp pharmacy.
- Combined data showed that overall drug spending decreased by 10.1 percent between 2017 and 2018.
- Opioid spend dipped 19 percent, with 56 percent of respondents saying they made more progress curbing the initial use of opioids than reducing long-term opioid use.
Read more here.