We analyze transactional pharmacy data, identify pricing issues, and work with payers to maximize savings in their pharmacy programs. If you want help  sorting through the complexity of work comp pharmacy, need expert assistance  when writing RFPs and selecting a PBM, or want to see if you’re paying the prices you should, it’s worth a fact-finding conversation to see if we can help.

Call Joe Paduda at 203-314-2632 or email jpaduda@comppharma.com

We provide pharmacy management consulting services to:

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GOVERNMENT AGENCY WC PROGRAMS

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EMPLOYERS

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INSURANCE CARRIERS

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THIRD-PARTY ADMINISTRATORS

SERVICES

CompPharma’s goal is to create and strengthen pharmacy management programs to ensure that workers’ compensation payers pay fair, reasonable prices for medication and that their PBMs are adhering to their contracts.

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Auditing PBM pricing and performance (retrospective and real-time)

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Helping write RFPs for PBMs and score responses

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Recommendations and negotiation assistance

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Assessing PBM compliance with its contracts

ABOUT US

CompPharma offers retrospective and real-time pharmacy benefit management (PBM) audits along with a range of consulting services to workers’ compensation payers. Founded in 2006 by Joe Paduda and Helen King Patterson, CompPharma was initially a research, education and advocacy consortium of PBMs active in workers’ compensation. The company changed direction in 2019, partnering with HealthPlan Data Solutions to provide services to payers.

Joe Paduda, President
Joe is a nationally-recognized expert in medical mangement with extensive experience in the workers’ compensation industry. MORE >

CONTACT JOE: 203-314-2632
jpaduda@comppharma.com

Helen King Patterson, Vice President
Helen is a public relations consultant specializing in health care, medical management and workers’ compensation. MORE >

CONTACT HELEN: 813-690-4787
hpatterson@comppharma.com

HealthPlan Data Solutions (HDS), provides workers’ compensation payers transparency into their prescription drug data so they can measure their PBMs’ contract compliance and performance against competitive benchmarks. MORE >

RESOURCES

Access CompPharma’s ANNUAL PHARMACY SURVEYS and RESEARCH PAPERS on compounds and other topics. LEARN MORE

NEWS

CompPharma News

Paduda Will Keynote Day 2 of CSIA’s 2020 Employer Seminar

Joe Paduda to discuss managing your workers' comp PBM

Day 2 of the California Self-Insurance Association (CSIA) Employer Seminar & Annual Meeting & Educational Conference will start with an informative session “Managing your PBM to Achieve Great Results.” CompPharma’s Joe Paduda will share insights from his annual survey on workers’ compensation pharmacy management programs … Continue reading Paduda Will Keynote Day 2 of CSIA’s 2020 Employer Seminar

Illinois WC Script Costs Skyrocket

At $192, the average cost of a workers comp script in Illinois, is the highest among the 17 states WCRI studies, according to the respected research organizations CompScope report. In 2017, the average payment per prescription increased nearly 20 percent, driven by dermatological agents, the … Continue reading Illinois WC Script Costs Skyrocket

CompPharma’s 2019 Survey

CompPharma, LLC has published its 16th Annual Survey of Prescription Drug Management Survey results, and you can download it from the Resources page of this website. The top finding this year is payers’ focus on transparency in PBM pricing, coupled with ongoing concern. about drug-related … Continue reading CompPharma’s 2019 Survey

Pharma Blogs from Joe Paduda

Now, about those drug rebates…

Drug rebate dollars account for a big chunk of brand drug costs – more than 40% in some cases. While list prices for brand drugs have been rising rapidly, net prices – the prices actually paid to the manufacturer – … Continue reading Now, about those drug rebates…

COVID19 catch up

Three key takeaways from this week’s COVID19 news. Do we KNOW how bad things are, who’s dying, and Remdesivir.  Do we know how many are infected, the death rate, and the number hospitalized/in the ICU/on ventilators? No. We are three … Continue reading COVID19 catch up

RIMS, opioids, and awards to drug distributors’ risk managers

Last month RIMS announced its annual awards; one of the recipients is the risk manager for Cardinal Health, another has a similar role at McKesson. Awarding awards for excellence in risk management to two individuals at companies with huge liabilities … Continue reading RIMS, opioids, and awards to drug distributors’ risk managers