AWP Trends — Understanding the Forces That Drive Drug Prices
May 6, 2018
4 MIN READA drug’s Average Wholesale Price (AWP) is a simple benchmark for distinguishing the cost of one medication from that of another.
Heart of Case Management Awards 2018
May 4, 2018
Three case managers were selected from more than a thousand highly skilled professionals to be named 2018 Heart of Case Management Award winners.
Drops in MED Indicate We’re Making Important Progress
April 29, 2018
1 MIN READPart One of Coventry’s 2017 Drug Trends Series reported the largest drop in Morphine Equivalent Dose (MED) in the last three years.
A Prescription for Fighting Opioid Use Disorder
January 21, 2018
1 MIN READThe rampant opioid misuse battering the nation represents one of the most virulent threats to employee welfare in the more than 100-year history of workers’ compensation protections. Equipping key players with an understanding of what to look for and how to respond will lead to better chances of deterring the abuse of opioid analgesics that has proven so costly to workers’ wellbeing.
In a Data-Filled World: Stories That Rely Solely on Numbers Don’t Add Up
December 17, 2017
1 MIN READStorytelling sometimes seems to be a lost art. Every day we are inundated with articles that exalt big data, analytics, predictive modeling, data science, and statistics as the most compelling means of persuasion and communication.
Help Combat Opioid Misuse
September 18, 2017
1 MIN READThe worst drug overdose crisis in U.S. history is driving policymakers to declare opioid-use disorder a national emergency and to seek new ways to battle the epidemic. The workers’ compensation industry must likewise step up efforts to protect patients and better understand how the number one drug class among injured workers affects return-to-work and quality of life.
Value-Based Contracting
May 31, 2017
1 MIN READValue-based contracting (VBC) is one of the most talked-about topics at conferences, in stewardship meetings, and in workers’ compensation requests for proposal (RFPs). But for all the discussion around the term, one thing seems missing: a common definition. VBC seems fairly straight-forward to most observers and that might be part of the problem. Indeed, ask a half dozen people what value-based contracting means and you’ll get as many answers.