“Through these efforts, Family Dollar has been able to decrease pharmacy costs from 21% to 11% since the inception of our partnership with Healthcare Solutions in 2008...” said Smith, divisional vice president of risk management for Family Dollar.
Atlanta, GA (PRWEB) August 02, 2012
Healthcare Solutions, the parent company of Cypress Care, a leading provider of pharmacy and specialty healthcare services, today announced that Jim Andrews, R.Ph., senior vice president of pharmacy services for Healthcare Solutions, and David Theron Smith, divisional vice president of risk management for Family Dollar, Inc. will present at the 10th Annual California Workers’ Comp Forum conference in San Diego. The presentation, “Your Three Step Program to Fight Drug Abuse in Workers’ Compensation” will take place on Tuesday, August 7th, at 11:40 AM at Loews Coronado Bay Resort.
Prescription drugs continue to represent 19% of the workers’ compensation medical dollar, with narcotic opioids accounting for over 60% of the drugs prescribed to treat injured workers. Andrews and Smith will address the potential problems associated with increases in prescription drug abuse and discuss how workers’ compensation payers and pharmacy benefit managers should collaborate to identify, communicate and coordinate to fight drug abuse in workers’ compensation.
“Our approach to pharmacy benefit management is based on a strong partnership between Healthcare Solutions and Family Dollar,” said Andrews, senior vice president of pharmacy services for Healthcare Solutions. This includes working together to identify strategies to mitigate prolonged use of narcotics and coordinate early intervention and drug utilization programs to control pharmacy costs.”
“Through these efforts, Family Dollar has been able to decrease pharmacy costs from 21% to 11% since the inception of our partnership with Healthcare Solutions in 2008,” said Smith, divisional vice president of risk management for Family Dollar. “We have exceeded our goal and are focused on continual process improvement within our pharmacy program.”
For information about the presentation and conference, please visit http://www.cawcforum.com or contact marketing(at)healthcaresolutions(dot)com.
About Healthcare Solutions
Healthcare Solutions, Inc. is the parent company of Cypress Care and Procura Management. Through its affiliated companies, Healthcare Solutions serves as a health service company delivering integrated solutions to the property and casualty markets, specializing in workers’ compensation and auto liability/PIP. The company’s customers include insurance carriers, third party administrators (TPAs), managed care organizations (MCOs), government agencies and self-insured employers. Utilizing market-leading technology, Healthcare Solutions delivers demonstrated benefits and savings complemented by deep industry expertise. For more information, please visit http://www.healthcaresolutions.com.
About Family Dollar
Beginning with one store in 1959 in Charlotte, North Carolina, the Company currently operates more than 7,200 stores in 45 states. Family Dollar Stores, Inc., a Fortune 300 company, is based in Matthews, North Carolina, just outside of Charlotte and is a publicly held company with common stock traded on the New York Stock Exchange under the symbol FDO. For more information, please visit http://www.familydollar.com.