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

Paduda Weighs in on IWP $11 million Settlement

The Mass.-based mail-order pharmacy Injured Workers Pharmacy settled charges that it dispensed excessive amounts of opioids without monitoring for safety. When reporting on the $11 mil. settlement, WorkCompCentral’s William Rabb asked Joe Paduda to comment. “A dozen years into the opioid crisis, it is stunning … Continue reading Paduda Weighs in on IWP $11 million Settlement

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

Pharma Blogs from Joe Paduda

Work comp drug trends – costs and opioid use down, physician dispensers still a big problem

myMatrixx released it’s annual Drug Trend Report yesterday; there’s a lot of good news – and a few trends that bear close attention. The good stuff (lots more in the report itself) drug costs per patient decreased by 2.4% despite … Continue reading Work comp drug trends – costs and opioid use down, physician dispensers still a big problem

COVID and pharmacy benefit management – an update

COVID19 is having an impact on work comp payers’ pharmacy programs – but this isn’t due to treatments for the disease itself. That’s largely because there are no medications that have been shown to be safe and effective in treating … Continue reading COVID and pharmacy benefit management – an update

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…