Financial Incentives Driving E-Prescribing Adoption
Financial incentives provided under the Medicare Improvements to Patients and Providers Act of 2008 as well as from private insurers are having the desired effect of driving adoption of electronic prescribing
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A program to bring about wider adoption of health information technology in physicians' offices is mirroring the conceptual framework of rewarding and penalizing physicians through Medicare payments that was used to promote adoption of electronic prescribing
A provision in the Drug Enforcement Administration's proposed rule for electronic prescribing of controlled substances that would prohibit pharmacists from substituting generic drugs for brand name drugs is drawing fire from various stakeholders
While Medicare will start providing financial incentives to physicians to use e-prescribing starting in 2009, some private plans are already paying physicians and pharmacies to adopt the technology