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

Medicare drug price negotiations – implications abound!

Medicare will negotiate drug prices, Big pharma’s really upset…AARP is really happy…what’s the REAL story? Briefly…One of the key parts of the Inflation Reduction Act authorized Medicare to negotiate drug prices for 10 medications. Those 10 meds have been identified, … Continue reading Medicare drug price negotiations – implications abound!

Physician dispensing in work comp is roaring back

mostly because insurers and employers have a been asleep at the switch. Republishing a post with minor edits from two years ago…LOTS more on the sleazy business of physician dispensing here… WCRI’s latest report finds: Physician-dispensed drugs (PDDs) accounted for … Continue reading Physician dispensing in work comp is roaring back

Work comp drugs – Three things

Workers’ comp news… After a long and litigious delay, myMatrixx has been awarded the contract to manage pharmacy benefits for the Coal and Energy programs run by the Federal Department of Labor’s Office of Workers’ Compensation Programs (OWCP). Details of … Continue reading Work comp drugs – Three things