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
Auto Casualty
Article
Go Paperless: How Electronic Payment and Billing Solutions Help Digitize the Claims Process
It is no secret that technology is continuing to disrupt the auto casualty and workers’ compensation industries.
Mitchell
Article
Five Business Trends that Will Become “Business as Usual”
A business crisis is when something prevents an organization from conducting “business as usual.” That definition has never been more true for more
Mitchell
Article
Welcome from Alex Sun
In this brief video, Mitchell President and CEO, Alex Sun, introduces the Q2 2020 Industry Trends Report, which presents current data, important tr
Mitchell
Article
Surviving and Thriving During Challenging Times
COVID-19 has changed our world...literally.
Mitchell
Article
Current Used Vehicle Market Conditions: Q1 2020
March and April 2020 Kontos Kommentary The following commentary is produced monthly by Tom Kontos, Chief Economist, KAR Global.
Workers' Comp
Article
CMS to Add Correspondence Printing Functionality to the Medicare Conditional Payment Portal
Keep current with new legislation and its potential effect on your organization.