What started as a feasible substitute in the wake of COVID-19 has continued to become a regular practice now. We are talking about the E-prescription, whose market had a value of $1.2 billion in 2020 on a global level, which is expected to soar to the value of $3.3 billion by 2025. That displays a growth rate of 23.3%. Imarc also stepped forward with its share of data regarding the global E-prescription market. In 2023, it reached US$ 2.2 Million and has displayed the prediction that in 2032, the magic of E-prescription will reach US$ 12.3 Million. The numbers reveal a growth of 21.05% during the tenure of 2024-2032.
Therefore E-prescriptions are surely making waves in the medical field and the major credit goes to their advantages. The following blog will provide detailed insights related to what E-prescription is and the benefits of E-prescriptions in the medical world, so if your clinic is yet to incorporate the software in the prescribing system then learning about these advantages can lead to changing your management’s mind.
The Modern E-Prescriptions
Technology has made innovations in all industries, including the medical sector. Over here, modern E-prescriptions have taken over the old-school method, where the prescriber, doctor, and healthcare worker can make the most out of the related software by electronically generating and sending an error-free, accurate, and easy-to-decipher prescription to the patient’s nearest pharmacy. The procedure begins from the point of care, meaning the start of the treatment, and serves to be an essential factor in elevating the quality of patient care who cannot afford daily visits to the doctor.
Did you know that the Medicare Modernization Act (MMA) of 2003 gave a go-ahead to the movement of including E-Prescriptions? Besides that, a medical report surfaced in July 2006 by the Institute of Medicine, in which the role of E-prescribing is mentioned that it is responsible for reducing medication errors and assists in improving the safety of the patient. Guess what? That research received immense appreciation and publicity from the public indicating that E-prescribing solutions should be used more often by healthcare professionals.
Benefits of E-Prescription In The Medical World
E-prescriptions have increasingly become everyone’s favorite in the medical world. The software is rapidly winning the hearts of healthcare institutions due to its multiple advantages. Are you eager to learn about them? Sounds great, as we are also excited to enlighten you:
Reduces Prescription Drug Errors
The software for E-Prescriptions reduces the room for drug errors. How? Being digital, the chances of illegibility and handwriting errors are eradicated, giving a golden opportunity to both the doctor and physician to access the patient’s prescription history which leads to a decreased percentage of the wrong medicine getting prescribed and dispensed.
Believe it or not, according to the Food and Drug Association (FDA), more than 95000 prescription drug errors have been known to emerge since 2000. Why? The primary reason is the mistake in handwriting. The doctor might have written in a way that further gives an impression to the pharmacist that a different name is written, when in reality the typo compels them to give the wrong medicine resulting in negative consequences at the patient’s end.
For instance, Brintellix is a drug that is used as a treatment to recover from depression. On the other hand, Brilliant is a drug that is similar sounding to the first one but is used in treating acute coronary syndrome. Both medicines have different purposes so you should be careful in mixing the two.
Parts Of The E-Prescription
The representatives of the medical world are very much aware of the parts of the E-prescription that include the date of issue, the patient’s name, date of birth, drug name, drug strength, and the name and signature of the doctor who has prescribed it. We are sure that the word signature must have hooked your attention as you must be wondering that in traditional patterns, doctors physically signed their credentials to ensure the authenticity of the prescription. How will it be done digitally? Worry no more, as the software allows you to add a doctor signature in the signature slot.
The exciting part is that you can give it your custom touch. All you have to do is select the font and color that suits and grants your medical identity the weight it deserves, as you have yet to come this far to achieve anything. Therefore, create a classy signature that represents your personality and designation at the healthcare institution. Once you start adding your signature to E-prescriptions you are strengthening the chances of securing your prescription, it will remain authentic at all times and nobody will be able to challenge your credentials claiming it to be fake. Sounds promising. Hence, the signature part will save you from many troubles.
Convenient Tracking Of Patients Filling The E-Prescription
When patients were given their handwritten prescriptions by a specific physician, there needed to be more efficient means of tracking and checking whether the prescription was correctly filled. It was noticed that patients generally forgot to fill in their necessary details in the prescription, lacked the capital to buy the drug, misplaced the paper, and even worse stopped taking their dose on time when they felt they were on the road to recovery. The E-prescribing arrangement gives physicians the liberty to verify and look into whether the prescriptions on the digital paper are filled correctly. Furthermore, doors of counseling get unlocked for the physicians to counsel the patients to take the dose of medicine and manage accordingly.
Apart from the monitoring point, physicians can also see at what pace the patients are filling prescriptions for controlled substances. The frequency enables them to spot and identify which patients are to be held liable for drug abuse.
Say Goodbye To Losing Prescriptions
The physical prescriptions usually end up becoming a hassle for the patients to manage as they forget to fill in the information or lose the document. Ultimately it had to be re-written from scratch or the particular pharmacy had to be contacted to get the patient’s information. All these barriers are entirely eliminated with E-prescriptions, as everything is stored online and sent to the pharmacy with no chance of losing any kind of data. Therefore, say goodbye to losing prescriptions.
Additional Benefits of E-Prescriptions
Additionally, E-prescriptions enhance patient engagement by providing easy digital access to medication details and follow-up instructions. This improves communication between patients and healthcare providers, leading to better adherence to treatment plans and overall patient satisfaction.
Conclusion
So healthcare professionals we hope you understand the concept behind E-prescriptions and what advantages they bring along. Therefore don’t wait any more and implement the E-prescription software to lessen the prescription errors and improve the patient’s quality of health.