Workers Compensation
(Incredibly Profitable)
Physicians that work in
occupational medicine and pain management
typically handle workers compensation cases and
therefore submit claims to workers compensation
insurance. Unlike the other scenario where
the physician collects cash for prescriptions,
in the case of workers comp, the physician
would submit claims to the insurance
company for reimbursement of the
drugs. Here the physician's payment
reimbursement is based upon Average Wholesale
Pricing or (AWP). Each repackager creates
their own AWP for each drug that is sold by the
physician. Each state also has
different reimbursement policies relating to AWP
but rest assured the potential profitability is
staggering. A physician paying $6.00
for a prescription could be reimbursed
as much as $100.00 or more based
on AWP.
Certain states do not allow
prescription reimbursement from workers
compensation. If you treat workers
compensation patients, please ask your
dispensing consultant whether or not your state
allows prescription reimbursement.
See our Workers Compensation
Section for more details on MedX
Management Group's dispensing program for
workers compensation
patients.
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