Is e-prescription arising as a backbone in digitizing the healthcare industry?

E-prescription is increasingly being adopted and implemented by healthcare professionals and in clinical settings. E-prescribing software aims at reducing risks related to medication and enhancing patient safety. Owing to the benefits arising through e-prescriptions, it is gradually becoming the main element in digitizing the healthcare industry.

The digitalization of the healthcare industry is benefiting patients and healthcare providers alike by reducing costs and enhancing the quality of services. During Covid- 19 times, it is E-prescription which helps many people stay safe at home, not to wear KN95 mask all the time and easily check themselves with doctors online.

The surging adoption rate of e-prescribing systems has shifted the trend towards digital technology in the healthcare industry. Governments are encouraging physicians and medical practitioners to implement e-prescribing tools within their systems to yield the benefits.

The main reasons for e-prescription to arise as a backbone in digitizing the healthcare industry are patient safety and convenience. The benefits associated with the implementation of e-prescribing software are the reason behind the system becoming an industry standard.

Let’s understand what is an e-prescription and gain more insights into how it is growing to be an essential part of the healthcare industry.

What is e-prescription?

E-prescription is an electronically generated prescription using e-prescribing software. The software enables physicians and medical practitioners to send prescription information electronically to a pharmacy.

E-prescription eliminates the risks of dispensing wrong medicines due to errors in reading handwritten or faxed prescriptions. The error of inaccurate prescriptions and dosages is completely minimized which helps save the lives of patients. Moreover, the e-prescribing software also sends alerts to pharmacists and doctors of patient insurance authorization requirements, generic alternatives, and dangerous drug interactions.

Physicians are also able to make better decisions and provide effective care as they have complete patient information available electronically. Some of the e-prescribing systems also have the capability to let doctors monitor patient compliance with the medication and also alerts doctors when patients pick up the drugs.

The growth of e-prescription

The e-prescription market is valued at $1.2 billion in 2020 and is expected to reach a market size of $3.3 billion by 2025 at a CAGR of 23.3%.

The factors driving the growth of this market are increasing focus on medical error reduction, increasing adoption of EHR solutions, focus on reducing controlled substances abuse, government initiatives, and reducing healthcare costs.  You can also check How to hire Medical app developers for E-prescription healthcare apps.

Moreover, the COVID-19 pandemic has also been a catalyst in the adoption of e-prescribing systems and the use of telemedicine. It is E-prescription which is considered as the backbone of digitized healthcare. I hope you like reading this article.