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Industry Reports & Surveys >> Competitiveness Series

eHealth 301: Electronic Prescriptions
ePrescribing Reduces Healthcare Costs and Medication Errors

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Read eHealth 101 

Read eHealth 201
 

Highlights of What's Inside...
  • ePrescribing is an application of health information technology that allows prescriptions to be transmitted electronically, reducing medication errors, increasing efficiencies, and lowering costs.
     
  • In 2006, the Institute of Medicine reported that at least 1.5 million preventable adverse drug events occurred in the United States.
     
  • The Center for Information Technology Leadership (CITL) calculates that widespread use of ePrescribing systems could prevent 130,000 potentially fatal medication errors annually.
     
  • If all Medicare prescriptions were transmitted electronically by 2010, federal health expenditures could be reduced by up to $29 billion over the next decade, according to The Gorman Health Group
     
  • While ePrescribing has increased over the last several years, only two percent of prescriptions were transmitted electronically in 2007; Congress has passed legislation with incentives to promote ePrescribing. Now, state policymakers need to promote the technology and medical practices need to embrace it.

We are delighted to bring you the 25th regular installment of the AeA Competitiveness Series.  The AeA research team produces these reports on the most timely and relevant issues to the high-tech industry and to U.S. competitiveness in a global economy.  We combine rigorous data with careful analysis to provide industry leaders and policymakers the information they need to assess the issue.

The writers of this publication can be reached for questions or comments:

Matthew Kazmierczak
Vice President, Research and Industry Analysis
202.682.4438
matthew_kazmierczak@aeanet.org

Josh James
Senior Manager, Research and Industry Analysis
202.682.4422
josh_james@aeanet.org
 

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This page was last updated on 10/08/08.  
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