Prescriber Facts and Assumptions
The National Association of Chain Drug Stores produces an annual industry report with a comprehensive review of prescription drugs, prescribing, and pharmacies.
Prescribers, scripts, and dollars
The Medical Group Management Association has valuable data on the administrative costs of prescribing. In a 2004 study entitled "Analyzing cost of administrative complexity in group practice" MGMA used their study was the first using Group Practice Research Network (GPRN)of almost 300 group practices to identify administrative costs using a survey. They found that in a medical group practice with 10 physicians, more than $19,444 per year was spent on phone calls with pharmacies resolving drug formulary issues.
SureScripts takes the MGMA data and identifies some total e-prescribing costs in their GetConnectedRx Resource site.
Some calculations for the savings that might be incurred at 50% and 100% e-Rx. In actuality, it is reasonable to calculate only the staff savings, but it is a matter of the extent to which savings can be realized by more volume or staff reductions.
Prescribers, scripts, and dollars
The Medical Group Management Association has valuable data on the administrative costs of prescribing. In a 2004 study entitled "Analyzing cost of administrative complexity in group practice" MGMA used their study was the first using Group Practice Research Network (GPRN)of almost 300 group practices to identify administrative costs using a survey. They found that in a medical group practice with 10 physicians, more than $19,444 per year was spent on phone calls with pharmacies resolving drug formulary issues.
SureScripts takes the MGMA data and identifies some total e-prescribing costs in their GetConnectedRx Resource site.
| Per FTE Physician | Hours/Year | Cost/FTE |
| Support staff time on phone with pharmacies – Rx Refills | 133.0 | $1,929.00 |
| Physician time on phone with pharmacies – Rx Refills | 80.8 | $8,083.00 |
Some calculations for the savings that might be incurred at 50% and 100% e-Rx. In actuality, it is reasonable to calculate only the staff savings, but it is a matter of the extent to which savings can be realized by more volume or staff reductions.
| 50% e-Rx | 100% e-Rx | |
| Savings per physician FTE | $ 6,365 | $ 11,913 |
| FTE staff savings per MD | $ 2,275 | $ 4,254 |
| Total Savings | $ 8,640 | $ 16,171 |
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