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.

ABOUT US

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

Joe Paduda Presents CSIA Webinar on Facility Costs, Drivers and Solutions

Among COVID-19 and delayed surgeries, reductions in Medicare/Medicaid reimbursement, rising unemployment and other economic pressures, hospitals are having a tough time financially. And, facilities are looking to workers’ comp to help make up the revenue. Employers in most states are paying 3 to 8 times … Continue reading Joe Paduda Presents CSIA Webinar on Facility Costs, Drivers and Solutions

The survival of niche PBMs

Managed Healthcare Executive’s Susan Sadika quotes Joseph Paduda in this article on how niche PBMs survive in a world of mega PBMs better buying power. “They have to compete on the basis of something else, such as focusing on certain diseases or niche businesses, such … Continue reading The survival of niche PBMs

COVID-19 Affects Workers’ Comp, But Not the Way You Think

COVID-19 has hit workers’ comp hard, but it’s not the disease or its costs. It’s the economic devastation that will have deep and broad effects, writes Joe Paduda in WorkCompWire’s Leaders Speak. He argues that the industry’s focus on profitability is misplaced and explains why … Continue reading COVID-19 Affects Workers’ Comp, But Not the Way You Think

Pharma Blogs from Joe Paduda

Good News Friday…Strong economy, lower drug costs, more jobs in Wisconsin, and no more noncompetes

Lots of really good stuff to end your week… the Economy… remains quite good with 175,000 new jobs last month. This was not as many in previous months… BUT it looks increasingly like (From NYT) “the exuberance of the last two years … Continue reading Good News Friday…Strong economy, lower drug costs, more jobs in Wisconsin, and no more noncompetes

Good news Friday – fixing past mistakes, more progress on Medicaid, and lower drug prices

Medicaid Checking in on Medicaid…41 states have expanded Medicaid, and by dribs and drabs some of the holdouts are moving to do the same. Georgia may well be the next state to follow suit; a court recently ruled in favor … Continue reading Good news Friday – fixing past mistakes, more progress on Medicaid, and lower drug prices

Opioids in workers comp – spend is down a billion dollars.

More than 20 years ago I posted this: Oxycontin in WC Where are we today? After a horrific spike in opioid prescribing for workers’ comp, the industry has done a remarkable job reducing unnecessary and inappropriate opioid usage. Well, except … Continue reading Opioids in workers comp – spend is down a billion dollars.