March 19, 2018

Broadspire Hosts 2nd Annual Pharmacy Issues Summit

Atlanta, GA – Broadspire’s Sunrise office recently hosted the 2nd Annual Broadspire Pharmacy Issues Summit, a day-long conference designed to facilitate learning and discussion about key issues surrounding the pharmacy benefits component of workers compensation. Broadspire is a leading third-party administrator of workers compensation claims, liability claims and medical management services.

The event brought together more than 40 thought leaders and Broadspire clients from across the industry for detailed presentations and in-depth discussions. Highlights of the conference sessions included discussions on topics such as comprehensive strategies in managing pain, physician medication dispensing, drug monitoring, and predictive analytics.

“The attendance this year highlights the importance of these topics in managing patient care and controlling costs,” noted Candy Raphan, a director for Broadspire’s medical services. “Broadspire is proud to promote continued education and understanding of the critical issues, challenges and opportunities facing employers, brokers and industry leaders in this complex and rapidly changing arena. “

Speakers at the conference also discussed the relatively new area of pharmacogenomics, the study of how each individual’s genetic makeup affects their response to drugs. While pharmacogenomics is currently used primarily with cancer and AIDS patients, it can also be used to identify the safest and most effective pain medications for a patient.

Genomic testing has the potential to promote safer medication prescribing, consequently preventing adverse drug reactions and even death associated with some drugs. Specific genomic tests are available to physicians to assist with clinical decision making and are useful in cases that involve medication treatment resistance, intolerable adverse effects, or the potential for problematic drug-drug or drug disease interactions. Tailoring prescriptions specifically to an individual based on genetics has the potential to create medical cost savings and decrease disability durations.

Raphan added that “Broadspire was very pleased to host this conference again, and we are looking forward to next year’s event.”

Source: Broadspire

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