myMatrixx Experts Talk WC Drug Spend with

Posted on by myMatrixx

Speaking in a recent profile with industry news website, myMatrixx Chief Clinical Officer Phil Walls again shared his thoughts on rising drug costs and how to manage them. Walls is quoted as saying that while extreme price hikes grab headlines, and are an important factor, there are many other cost drivers affecting the worker’s compensation field. In the discussion, he summarized many of the core ideas he would be presenting at the National Workers Compensation and Disability Conference & Expo in Las Vegas.

To help reduce drug spend, stakeholders in workers’ compensation pharmacy benefits management can take steps to curb unnecessary prescriptions and use lower-cost generics whenever possible. Overall, Walls stresses, it is important for the PBMs and their partners to stress overall costs over price. Click here to read the full article.