E-Prescribing, or electronic prescribing, refers to the process of using electronic means to transmit prescription information between healthcare providers and pharmacies. This technology has revolutionized the healthcare industry by making the prescription process faster, more efficient, and more secure.
In this blog post, we’ll be exploring e-prescribing statistics to give you a comprehensive understanding of the benefits of electronic prescriptions.
Key E-Prescribing Statistics 2023 – MY Choice
Over 75% of American physicians use e-prescribing.
In 2019, over 4.2 billion electronic prescriptions were processed in the United States.
The number of e-prescriptions has increased by over 300% since 2010.
E-prescribing has reduced prescription errors by 50%.
90% of retail pharmacies in the United States accept e-prescriptions.
Electronic prescriptions are processed and filled in an average of 17 seconds.
E-prescribing helps reduce medication costs by reducing the number of calls to doctors’ offices for prescription renewals.
The use of e-prescribing has reduced the number of calls to pharmacies for prescription updates.
E-prescribing has improved patient safety by reducing the risk of miscommunication between physicians, pharmacists, and patients.
The use of e-prescribing has increased patient satisfaction and reduced wait times at the pharmacy.
E-Prescribing Statistics
Global ePrescribing Market Size Projection
Year
Market Size (USD)
CAGR
2020
1.2 billion
2025
3.3 billion
23.3%
In the United States, e-prescribing is used by over 85% of healthcare providers.
E-prescribing reduces the risk of prescription errors by 50%.
In 2020, the global e-prescribing market size was valued at $1.6 billion and is expected to grow at a CAGR of 13.5% from 2021 to 2028.
The majority of e-prescribing software is used by hospitals and clinics, followed by individual healthcare providers.
In 2020, the top three e-prescribing software providers were Epic Systems, Cerner, and Allscripts.
E-prescribing is widely adopted in North America and Europe, with a growing trend in Asia-Pacific.
In 2020, the majority of e-prescribing software users were in the United States (65%), followed by Europe (20%) and Asia-Pacific (15%).
Reasons to Stop Using ePrescribing Software
Reason
Hardware Problems
Workflow Issues
Software Problems
Time Consumption
Connection Issues
Other Problems
All Prescriptions (%)
Noncontrolled Substances (%)
Controlled Substances (%)
84%
86%
38%
E-Prescribing Benefits:
E-prescribing increases patient safety by reducing the risk of prescription errors and ensuring that patients receive the correct medication.
E-prescribing improves efficiency and reduces wait times by allowing healthcare providers to quickly and easily transmit prescription orders to a pharmacy.
E-prescribing allows for real-time medication reconciliation, ensuring that patients receive the most appropriate and up-to-date medication.
E-prescribing reduces the need for manual processes, freeing up time for healthcare providers to focus on patient care.
E-prescribing enhances communication between healthcare providers, pharmacies, and patients, improving patient outcomes and satisfaction.
Pain Care Plans and Opioids
Year
Unique Pain Care Plans Started
Involving Opioids (%)
2016-2017
700,000
20-33%
Effect of Intervention on Inappropriate Antibiotic Prescribing
Decrease in Inappropriate Antibiotic Prescribing
20%
E-Prescribing Market Analysis:
Region
Market Size (USD Billion)
CAGR
North America
7.3
12.5%
Europe
3.8
11.0%
Asia-Pacific
2.5
15.0%
Rest of the World
0.9
10.0%
E-Prescribing Demographics:
User Type
Percentage of Users
Hospitals and Clinics
60%
Individual Healthcare Providers
30%
Pharmacies
10%
E-Prescribing Software:
Provider
Market Share
Epic Systems
35%
Cerner
25%
Allscripts
20%
Other
20%
Prescription Drug Spending in the United States
Year
Spending (USD)
Increase from Previous Year (%)
2010
263 billion
2.9%
Preventable Medical Mistakes and Hospital Infections in the United States
Year
Estimated Deaths
N/A
200,000
E-Prescribing Opportunities:
The growing demand for efficient and secure healthcare solutions is expected to drive the growth of the e-prescribing market in the coming years.
The increasing adoption of e-prescribing in emerging markets, such as Asia-Pacific, offers significant opportunities for market expansion.
The integration of e-prescribing with other healthcare technologies, such as electronic health records (EHRs), will improve the overall efficiency and effectiveness of the healthcare system.
Effect of Intervention on High Cost Drug Prescriptions
Decrease in Prescriptions for High Cost Drugs
Savings (USD)
17.5%
$109,897
Estimated Savings from Intervention on High Cost Drug Prescriptions
Savings (USD)
$402,619
Comparison of Prescription Pickup for E-Prescribed vs Written Prescriptions
Increase in Prescription Pickup for E-Prescribed
10%
E-Prescribing Challenges:
The lack of standardization and interoperability between different e-prescribing software systems can create barriers to widespread adoption.
The cost of implementing and maintaining e-prescribing systems can be a challenge for some healthcare providers, especially smaller practices.
Privacy and security concerns related to electronic transmission of sensitive patient information must be addressed to ensure the safe and secure use of e-prescribing.
Estimation of Savings and Improved Health Outcomes from E-Prescribing
Estimated Savings and Improved Health Outcomes (USD)
$140-$240 billion over 10 years
Estimated Annual Savings from E-Prescribing
Estimated Annual Savings (USD)
$402,619
Study by McMullin, Lonergan, and Rynearson
Decrease in Prescriptions for High Cost Drugs
17.5%
1. Definition of E-Prescribing
E-Prescribing refers to the process of using electronic means to transmit prescription information between healthcare providers and pharmacies.
E-Prescribing technology has revolutionized the healthcare industry, making the prescription process faster, more efficient, and more secure.
2. Benefits of E-Prescribing
E-Prescribing improves the accuracy and efficiency of the prescription process.
E-Prescribing helps to reduce the risk of medication errors, such as incorrect dosage or interactions between medications.
E-Prescribing also helps to increase patient safety by reducing the risk of prescription fraud.
3. Impact of E-Prescribing on the Healthcare Industry
E-Prescribing has had a significant impact on the healthcare industry, streamlining the prescription process and improving patient outcomes.
E-Prescribing has also helped to reduce healthcare costs by reducing the risk of medication errors and increasing the efficiency of the prescription process.
4. Adoption of E-Prescribing
The adoption of e-prescribing has increased rapidly in recent years, with more and more healthcare providers and pharmacies making the switch to electronic prescriptions.
As of 2021, the majority of healthcare providers in the United States have adopted e-prescribing technology.
5. Interoperability of E-Prescribing Systems
Interoperability, or the ability for different e-prescribing systems to communicate with each other, is an important factor in the success of e-prescribing.
Interoperability helps to ensure that prescription information can be transmitted accurately and securely between healthcare providers and pharmacies.
6. Challenges in E-Prescribing
Despite the many benefits of e-prescribing, there are still challenges that need to be addressed, such as the cost of implementation and the need for proper training and education.
It can also be a challenge to ensure the security and privacy of prescription information in an electronic format.
7. Importance of Proper Implementation
Proper implementation of e-prescribing systems is essential for ensuring the success of the technology and realizing its full benefits.
It’s important to work with experienced e-prescribing providers and healthcare IT professionals to ensure that the technology is implemented correctly and efficiently.
8. The Future of E-Prescribing
The future of e-prescribing is bright, with the demand for electronic prescriptions expected to continue growing in the coming years.
The advancement of technology, such as the integration of e-prescribing systems with electronic health records (EHRs), will continue to drive the growth of the e-prescribing industry.
FAQs:
What is e-prescribing?
E-prescribing is a computer-based system that allows healthcare providers to securely transmit prescription orders to a pharmacy.
What are the benefits of e-prescribing?
E-prescribing increases patient safety by reducing the risk of prescription errors, improves efficiency and reduces wait times, allows for real-time medication reconciliation, reduces the need for manual processes, and enhances communication between healthcare providers, pharmacies, and patients.
How is e-prescribing used in the healthcare industry?
E-prescribing is widely used by hospitals, clinics, and individual healthcare providers to prescribe medications to patients.
What are the challenges of e-prescribing?
The challenges of e-prescribing include the lack of standardization and interoperability between different software systems, the cost of implementation and maintenance, and privacy and security concerns related to electronic transmission of sensitive patient information.
In conclusion, e-prescribing is a revolutionary technology that has had a significant impact on the healthcare industry. From improving the accuracy and efficiency of the prescription process to increasing patient safety, the benefits of electronic prescriptions cannot be overstated. These 100 e-prescribing statistics will give you a comprehensive understanding of the industry and the impact that e-prescribing has on healthcare and patient outcomes.
