Industry observers say the growing shift to e-prescriptions might be attributed to a new Medicare rule scheduled to take effect in January 2009 that will offer a 2% payment bonus to physicians who use e-prescribing. According to the AP/Globe, about 10% of U.S. physicians use e-prescribing but “the movement is gaining steam as Medicare warns that its bonus payments are for a short time only.” Physicians who still use paper prescriptions after 2012 will face Medicare payment cuts.
Ted Epperly, an Idaho physician and president of the American Academy of Family Physicians, said that the additional $1,000 to $1,500 that physicians could receive through the Medicare incentive might help alleviate the cost burden of adopting an e-prescribing program, which can cost $3,000 per physician. A nationwide e-prescribing network also could generate as much as $156 million in savings over five years, according to HHS Secretary Mike Leavitt. E-prescribing also would help minimize the risk and alert pharmacists of potential adverse drug events, as well as reduce waiting time for patients, the AP/Globe reports (AP/Boston Globe, 12/15).