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Progressive Medical Releases 2013 Drug Trend Report
Date:4/17/2013

on cost and utilization, the company reports more claims are closing in the acute phase. Its total program solution results in a 51% decrease in the likelihood that a claim will mature into a two-year claim. In addition, as a percentage of total prescription volume, use of long-acting and immediate-release opioid analgesics is down while use of anti-inflammatory medications, anticonvulsant and antidepressant medications is either flat or up.
  • Through its expertise in government affairs, Progressive Medical has been instrumental in shaping policy that addresses many of the external influences impacting industry payors. In addition to being actively engaged in legislative matters regarding physician dispensing, repackaged medication reimbursement, workers' compensation reform and the opioid epidemic, among others, the company routinely guides clients through regulatory implementations and educates policy makers on the implication of legislation on the industry.
  • Emry Sisson and Tommy Young , co-chief executive officers, commented: "Our results demonstrate that the combination of our network, utilization management and proactive clinical programs is effectively reducing costs, diminishing out-of-network hassles, streamlining claim processes and increasing workflow efficiencies. Augmented by the use of advanced analytic insight to proactively intervene when clinically appropriate, we definitively show that we can positively impact pharmacy spending. It's very exciting to see our vision in motion, as these results demonstrate our company's dynamic ability to truly help our clients gain more control and achieve better outcomes."

    Progressive Medical's clinical experts will be on hand to discuss the report at the RIMS Annual Conference and Exhibition, which will be April 21-24 in Los Angeles. Visit the Progressive Medical booth, #838, to learn more about the
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    SOURCE Progressive Medical, Inc.
    Copyright©2012 PR Newswire.
    All rights reserved

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