Description: We analyze transactional pharmacy data, identify pricing issues, and work with payers to maximize savings in their pharmacy programs.
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.
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.
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.