Thursday, July 12, 2007

Gorman Health Group eRx Report

The Gorman Health Group released a report on e-prescribing funded by PCMA. The July 12 study outlines three options for increasing e-prescribing in Medicare.

Their press release outlines the options as follows:

Option #1—Requirement Plus Incentives: Implementing a requirement that e-prescribing is used for all Part D prescriptions by 2010 combined with annual incentives for participating physicians equal to 1 percent of their allowed Medicare payments could reduce 2008-2017 federal healthcare costs by $26 billion and help physicians avoid 1.9 million adverse drug events over the next ten years.

Option #2—Requirement Only: Implementing only a requirement that all Part D prescriptions be written electronically by 2010 could reduce 2008-2017 federal healthcare costs by $29 billion and help physicians avoid 1.6 million adverse drug events over the next ten years.

Option #3—Incentives Only: Implementing only incentives for participating physicians equal to 1 percent of their allowed Medicare payments could reduce 2008-2017 federal healthcare costs by $2 billion and help physicians avoid 300,000 adverse drug events over the next ten years.

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