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
Empowering Workspaces: Harnessing the Power of Ergonomics for Enhanced Productivity and Safety
By mitigating risk, improving safety, and reducing claims, ergonomics can increase overall productivity. It's a tool used not only in the workplace but also in engineering, product design, and daily activities.
What to Consider When Doctors Dispense in Work Comp
To find out how Enlyte Pharmacy Solutions is approaching the management of both in- and out-of-network prescriptions to achieve the most clinically appropriate outcomes, download our information sheet.
The Ultimate Guide to Case Management eBook
This eBook has been meticulously crafted to serve as a comprehensive manual, shedding light on various dimensions of case management.
Legislative Updates in Workers' Comp: Boosting Industry's Political Voice
In this WCI-TV interview, Brian Allen, VP of Governmental Affairs, offers an update on top regulatory and legislative initiatives that could impact workers’ comp, such as reform and pharmacy cost containment, while also addressing how the industry can improve its political presence.
Managing PTSD in Workers' Comp: New Regulations & Best Practices - Interview with Tammy Bradly
In this WCI-TV interview, Enlyte’s Tammy Bradly, Senior Director, Clinical Product Marketing, shares why states are implementing new workers’ comp regulations to address post-traumatic stress disorder in the workplace. Bradly also offers best practice strategies on how workers’ comp professionals can recognize and treat PTSD and how they can address traumatic stress in the workplace.
Are All Electronic Provider Payment Solutions the Same?
Before partnering with an organization for an electronic provider payment solution, it’s important to ensure the service meets your unique needs.