COMPPHARMA, LLC
MAGGIE VALLEY, NC

CompPharma, LLC is a team of professionals that came together in 2006 in Maggie Valley, North Carolina. Their main focus? Helping pharmacy benefit managers (PBMs) find solutions to the rising pharmacy costs within workers’ compensation programs. It's no small matter-pharmacy expenses have leaped from less than 3% to nearly 14.5% of total medical expenses related to workers' comp, highlighting a pressing issue in the industry. The initiative started with Joseph Paduda and Helen King Patterson, who saw the need for PBMs to collaborate on tackling these challenges. Under Helen's leadership as Vice President, known for her expertise in public relations and managed care consultancy, CompPharma has grown into an influential group that extends its reach across various industries. CompPharma partners with top payers, managed care organizations, and self-insured employers nationwide to introduce solutions that save on healthcare costs. Joseph Paduda brings valuable experience from his past roles at companies specializing in workers' compensation and group disability management, contributing significantly to the company's expertise. Although CompPharma was registered as a North Carolina business entity, its details are also linked with Florida Models, indicating its broad operational scope. The organization actively contributed until 2025 and remains known for its effective strategies and solutions in managing pharmacy expenses within workers' compensation systems. For those interested in getting in touch or learning more, CompPharma can be reached at (813) 690-4787 or (203) 314-2632. You can also explore their online presence at www.comppharma.com.