Emerging trends in pharmaceutical design and drug manufacturing are shifting toward presenting the market with new ways to develop medications. Specialty medications continue to be a major area of pharmaceutical development and have become widely discussed in workers’ comp due to their significant costs. Although they represent approximately 1% of drug utilization, they account for nearly 7% of prescription drug costs and represent the fastest-growing segment of the U.S. pharmaceutical market. While specialty drug products are often associated with a hefty price tag, some can offer clinical advantages when deployed for the right patient at the right time, making careful oversight and patient selection imperative to achieving desired outcomes in this space. Watch the video blog to learn more.
More stories
Mitchell
News Release
Mitchell Brings Cloud Estimating to the Canadian Market
SAN DIEGO, CA—Mitchell, a leading provider of technology, connectivity and information solutions to the
Mitchell
News Release
Mitchell Announces New Provider Data Explorer to Help Combat Claims Fraud, Waste and Abuse
SAN DIEGO, CA—Mitchell, a leading supplier of technology, connectivity and information solutions to the
Workers' Comp
Blog
Bringing value-based contracting to workers’ comp offers opportunities and challenges
As featured on the workcompwire.com blog, this piece was contributed by Kate Farley-Agee, Vice President, Network Products, C
Mitchell
News Release
Mitchell Launches New Image Viewer for Mitchell SmartAdvisor Platform and Mitchell Claims Examiner Portal
Mitchell
News Release
Mitchell Announces Enhanced AutocheX Digital Services Through Collaboration with UpdatePromise
SAN DIEGO, CA—Mitchell, a leading provider of technology, connectivity and information solutions to the
Workers' Comp
Blog
Specialty Medication Trends
Specialty medications, which are typically used to treat patients with complex, chronic conditions, continue to be a major ar