Increase Revenues by Using Electronic Prescribing

If your medical practice has not yet implemented electronic prescribing, you are among about 70 percent of physicians in the nation. You also may be missing out on free money.

On January 1, Medicare began paying a 2-percent bonus to physicians who use a qualified e-prescription system on 50 percent of their Medicare patients. That incentive will be offered through 2010, and will then decrease to 1 percent for two years. Those physicians who are still writing paper prescriptions in 2012 will find their Medicare payments cut, when penalties begin to be assessed.

According to the October 2008 “Clinician’s Guide to Electronic Prescribing” from the American Academy of Family Physicians (AAFP), a “qualified” e-prescribing system must be capable of performing all of the following functions: More Here Electronic Prescription