Big data is increasingly at the heart of the analytics solutions future-focused claims organizations in workers’ compensation are developing.
Last week, I shared news of Genex Services reaching a momentous milestone – 40 years serving the workers’ compensation industry.
In the world of workers’ comp pharmacy benefit management, understanding generics vs. brand name drugs, narcotics, muscle relaxants, and compounds now seems relatively simple as compared with the latest pharmacy terminology: specialty drugs, biologics, and biosimilars. These terms are making the headlines with increased frequency, and while some think they are interchangeable, there truly are distinctions between them.
This month Genex Services is celebrating its 40th anniversary, a significant accomplishment in this industry. For our company and staff, it’s a momentous occasion and cause for celebration.
Keep current with new legislation and its potential effect on your organization.
The state of Florida has issued a state of emergency in preparation for Hurricane Michael.
Topical medication cost and utilization continue to decrease in the managed population. However, in the unmanaged space we continue to see year-over-year increases in both cost and utilization. Understanding the differences in the types of topical medications dominating each space can help us to target pharmaceutical management strategies that weed out price opportunists and ensure the most appropriate care.