New report releases forecast on US ePrescribing market
According to Global Industry Analysts, Inc. (GIA), the United States ePrescribing market should hit $205 million by 2017. The report listed increased focus on patient safety, growing adoption of health IT services (such as electronic health records), and reduction of medical expenses as the main factors driving growth in electronic prescribing.
Doctors who e-prescribe can receive Medicare reimbursements for successfully e-prescribing, and eRx is also a part of the EHR meaningful use incentive program. Starting this year, physicians will be penalized for not e-prescribing, and beginning in 2015 all doctors who have not deployed certified EHR technology will see a cut in their Medicare reimbursement rates.
ChartLogic offers its own ePrescribe module as part of its EHR Suite, which has helped many physicians qualify for eRx and meaningful use incentives. See www.chartlogic.com for more information.
In addition to the financial benefits of e-prescribing, doctors are becoming more aware of the clinical benefits. One of the most obvious is error reduction; electronic prescriptions completely eliminate legibility issues. Enhanced communication is also a major boost for practices and hospitals. Most phone calls between practices and pharmacies are no longer required, which increases productivity on both ends and ensures that prescriptions are available for patients sooner.
When integrated with electronic medical records, an e-prescribe system can issue medical alerts, helping physicians avoid harmful drug interactions and allergies. Improved patient safety is one of the most powerful effects of a robust electronic prescribing system.
The government expects that at least 70 percent of doctors will be e-prescribing by 2017. The benefits of e-prescribing have been proven in numerous studies and in individual practices throughout the country on a daily basis.
Source: PR Web.
About ChartLogic, Inc.
Electronic health records . . . better patient care since 1994. ChartLogic has helped thousands of practices make the transition from paper to digital medical offices. Guaranteed to meet meaningful use requirements, ChartLogic offers two comprehensive electronic health record suites that include electronic medical records, superior medical billing software, document management, and interactive patient education. ChartLogic helps physicians provide better patient care through better technology. For further information, visit www.chartlogic.com.