PBMs Make Progress in Controlling Spending on Compounded Drugs

Coventry Workers’ Comp Services saw a decline in the number of prescriptions for  compounded medications fall last year, reversing what the company called a troubling trend in previous years of unchecked growth. According to a drug trend report the company released Monday, the cost of compounded drugs fell to 5.4% of total drug spending at in-network pharmacies in 2015, down from 7.7% in 2014. And the average cost per compound in network fell 1.6%. Coventry said it took a variety of steps that contributed to the decrease, including evaluating compounds for clinical necessity ...