Atlanta, GA (PRWEB) March 28, 2013
Healthcare Solutions, the parent company of Cypress Care, ScripNet and Procura Management, today announced that Jim Andrews, R.Ph., executive vice president of pharmacy services for Healthcare Solutions, and David Theron Smith, divisional vice president of risk management for Family Dollar Stores, Inc., will present in April at the National Rx Drug Abuse Summit in Orlando and the Mississippi Workers’ Compensation Educational Association (MWCEA) conference in Biloxi, MS.
Andrews and Smith will address the potential problems associated with increases in prescription drug abuse and its dramatic impact on workers’ compensation claims. Discussion points include critical issues such as longer claim duration and higher costs that can occur when opioid use is not effectively monitored. Andrews and Smith will also discuss how workers’ compensation payers and pharmacy benefit managers should collaborate to mitigate the prolonged use of opioids and better control injured worker utilization while significantly reducing drug expenditures.
“Healthcare Solutions and Family Dollar worked together to co-design a pharmacy program focused on maximizing program participation and managing appropriate utilization,” said Andrews. “This includes prospective, concurrent and retrospective clinical programs that are part of an integrated approach to pharmacy program management.”
“We have been working with Healthcare Solutions for the past five years and have seen positive results,” said Smith. “During our sessions, I’ll explain how Family Dollar used clinical oversight and drug utilization management strategies to improve injured team member outcomes and decrease pharmacy costs by 48% since 2007.”
At the National Rx Drug Abuse Summit, Andrews and Smith will participate in the “Third-Party Payer Track: A Tale of Two Companies” session. The session takes place on Wednesday, April 3rd, from 1:30 – 2:45 PM at Omni Orlando Resort at ChampionsGate. Andrews and Smith will present “Your Three Step Program to Fight Drug Abuse in Workers’ Compensation” presentation at the MWCEA conference on Thursday, April 18, from 2:45 to 3:45 PM at the Beau Rivage Resort.
For more information, please contact Matt Weaver at IMRE – mattw(at)IMRE(dot)com or 410.821.8220.
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About Family Dollar
For more than 50 years, Family Dollar has been providing value and convenience to customers in easy-to-shop, neighborhood locations. Family Dollar’s mix of name brands, and quality, private brand merchandise appeals to shoppers in more than 7,700 stores in rural and urban settings across 45 states. Helping families save on the items they need with everyday low prices creates a strong bond with customers who refer to their neighborhood store as “my Family Dollar.” Headquartered in Matthews, North Carolina, just outside of Charlotte, Family Dollar is a Fortune 300, 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.
About Healthcare Solutions
Healthcare Solutions, Inc. is the parent company of Cypress Care, ScripNet and Procura Management. Through its subsidiary companies, Healthcare Solutions delivers integrated medical cost management solutions to over 750 customers in workers’ compensation and auto/PIP markets. The company’s clinical- and technology-based services include pharmacy benefit management, specialty healthcare services, PPO networks, medical bill review, case management and Medicare Set-Aside services. With over 30% compounded annual growth rates, Healthcare Solutions has twice been recognized as one of the Fastest Growing companies in Georgia by Georgia Trends magazine and has received recognition by the Technology Association of Georgia for technology innovation. 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.