PBMs Exposed in Workers' Comp Deception | Colleen Shields, RescueMeds

[00:00:15] Introduction of Colleen Shields and topic overview.

[00:01:17] Discussion on PBM practices in workers' comp and their impact on profits.

[00:02:30] Overview of the history and purpose of workers' compensation.

[00:04:26] The mandate of using Optum PBM in certain states and its implications.

[00:08:36] Colleen Shields explains the operations of Rescue Meds Pharmacy.

[00:12:09] The risks and challenges in managing large receivables in workers' comp cases.

[00:16:00] Insights on business projections and strategy for Rescue Meds Pharmacy.

[00:20:24] Addressing the urgent financial needs of patients facing housing insecurity.

[00:24:37] Discussion on the strategic location and growth plans of Rescue Meds.

[00:30:09] Exploring potential business opportunities in the workers' comp space.

[00:34:11] Identifying the bad players in the workers' comp industry.

[00:38:27] Personal insights from Colleen Shields on leadership and business management.

[00:44:09] The role and expertise of pharmacists in the workers' comp field.

[00:47:37] The evolution and challenges faced by pharmacists in the industry.

[00:52:56] Closing remarks and contact information for Colleen Shields.