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| E-Prescribe: Increase Your Medicare Reimbursements by 2% |
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SequelMed e-Prescribe, the Electronic Prescribing software, is designed to eliminate prescription errors with use of electronic prescriptions and speed up the transfer of information between healthcare professionals and pharmacies. The accuracy of e-prescribing technology allows healthcare professionals to safely and securely transfer prescriptions to the pharmacies through electronic prescription tools using Sequel Systems’ e-Prescription software. |
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| According to a report by the Institute of Medicine (IOM), more than 1.5 million Americans are injured every year
by medication errors. In the same report, the IOM recommended that all prescriptions be written and received
electronically by the year 2010. Congress passed the “Medicare Improvements for Patients & Providers Act of
2008” earlier this year and CMS adopted the “Standards for e-Prescribing under Medicare Part D” and the
“Medicare Prescription Drug Program” on April 7, 2008. As such, doctors who prescribe Medicare Part D drugs
electronically next year will be rewarded with additional pay. However, those incentives eventually will run out,
and penalties will begin for physicians who continue to write paper prescriptions. |
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| E-Prescribing Incentive Amounts |
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Incentive |
Penalty |
| 2009 |
2% |
None |
| 2010 |
2% |
None |
| 2011 |
1% |
None |
| 2012 |
1% |
1% |
| 2013 |
0.5% |
1.5% |
| Beyond |
None |
2% |
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| Source: The Medicare Improvements for Patients and Providers Act of 2008 |
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| E-Prescribing Incentive Fact Sheet |
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| An E-Prescribing fact sheet published by the CMS can be viewed by clicking on the following link: |
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| http://www.cms.hhs.gov/PQRI/Downloads/PQRIEPrescribingFactSheet.pdf |
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| What is E-Prescription? |
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| Medicare Part D prescription drug program defines e-prescribing as “the transmission, using electronic media, of
prescription and prescription-related information between a prescriber, dispenser, pharmacy benefit manager, or
health plan, either directly or through an intermediary, including and e-prescribing network. E-Prescribing
includes, but is not limited to, two-way transmissions between the point of care and the dispenser. ” |
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| Why Should I E-Prescribe? |
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| According to a guide published by the eHealth Initiative Foundation in collaboration with AMA, AAFP, ACOP,
MGMA and CIMM, e-prescribing can improve patient safety, medication compliance, prescribing accuracy and
efficiency and reduce health care costs through averted adverse drug events and substitution of less expensive
drug alternative. The same guide also reported that recent research by the American Medical Association found
that, due to these benefits, physicians who use an e-prescribing system are significantly more satisfied with their
prescribing process than physicians who continue to handwrite prescriptions. Collectively, these enhancements
will lead to a higher quality health care system that will benefit everyone. |
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Improving patient safety and quality of care |
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Reducing time spent on phone calls and call-backs to pharmacies |
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Reducing time spent faxing prescriptions to pharmacies |
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Automating the prescription renewal request and authorization process |
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Increasing patient conveniences and medication compliance |
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Improving formulary adherence permits lower cost drug substitutions |
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Allowing greater prescriber mobility |
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Improving drug surveillance and recall ability |
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| SequelMed E-Prescribing is Ready to Increase Your Revenue |
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| Having completed its certification with SureScripts-RxHub, SequelMed® users will now be able to electronically
and securely exchange new prescriptions and prescription information with pharmacies and PBMs in
communities throughout all 50 states and Washington, D.C. |
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| The connection to SureScripts-RxHub allows physicians who e-prescribe using SequelMed® to access valuable
real-time pharmacy and payer information before prescriptions are written, thereby reducing errors and
increasing physician effectiveness. Before a physician or provider prepares an e-prescription, eligibility and
formulary information will be provided through the SequelMed® application. With patient consent, medication
history can also be provided. The connection to SureScripts-RxHub also allows prescribers to send new
prescriptions electronically, directly to pharmacy computers – before a patient leaves their physician’s office. |
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| SequelMed E-Prescribing Features |
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Secure electronic prescribing functionality |
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SureScripts-RxHub certification to provide real time drug data, benefit details, formulary data,
medication history across all physicians and pharmacies |
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Comprehensive online drug reference guide using Gold Standard’s Alchemy database for all
prescription and OTC medications and supplies approved by the FDA |
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State-specific e-prescribing regulatory compliance |
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Automated patient-specific clinical information and demographics |
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Patient-specific Drug Utilization Review (DUR) and compliance programs for improved patient treatment
outcomes through better drug utilization tracking |
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Robust reporting capability with the ability to customize reports |
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Accessibility from anywhere at anytime through our web-based solution |
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| How do I Begin E-Prescribing with SequelMed? |
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| For more information on how you can begin e-prescribing with SequelMed, please contact us at 800.965.2728,
email at sequelmed@sequelsys.com. |