Comppharma
CompPharma is a consulting and research firm that brings transparency into workers’ compensation pharmacy programs, helping payers understand and improve their pharmacy benefit manager (PBM) performance and pay fair prices for medications. Partnering with HealthPlan Data Solutions (HDS), we analyze transactions to identify pricing issues, Including a PBM’s non-compliance with its contract. We compare what you’re paying for specific drugs to average market prices and recommend ways to negotiate better prices. Services include retrospective and real-time audits against your PBM contract. We also help you prepare requests for proposals and review and score responses to RFPs. In short, we give you data-driven ammunition to improve your PBM’s performance along with transparency into drug pricing.
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