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
Workers' Comp
News Release
The Heart of Case Management Awards
The Heart of Case Management Awards recognizes Genex case managers who have gone beyond traditional duties to improve the lives of injured employee
Workers' Comp
Blog
Top Therapeutic Classes by Age of Claim in 2018
In this video blog we discuss the types of medications utilized by
Mitchell
News Release
Advanced Driver-Assistance System Trends and Challenges
Automotive safety trends have come a long way from the first seatbelts offered in the 1950s.
Mitchell
News Release
New York Adopts New Pharmacy Fee Schedule and Proposes New Draft of Drug Formulary Rule
The Workers’ Compensation Board in New York has been busy with two rulemakings that will affect how pharmacy care is delivered and reimbursed in th
Workers' Comp
Article
Addressing Mental Health in the Workplace Using the Case Manager Approach
Mental health has traditionally been considered a pariah in workers’ compensation claims management.
Workers' Comp
Article