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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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Sequel Systems says the Electronic Prescribe (E-Prescribe) program, in which paper-based health records would be converted to electronic health records (EHRs), would be beneficial to hospital-based and managed services organizations. This not only reduces medical errors made in the reading of written prescriptions — which results in increased liability — but also offers financial incentives by receiving increases in Medicare reimbursements to those organizations that adopt the program. |
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MELVILLE, NY - Sequel Systems, Inc., a dynamic, service-oriented healthcare technology company, today announced the SequelMed eRx Initiative, which will make the company`s SequelMed e-Prescribe solution available to qualified hospitals and medical societies free of charge. The initiative is part of Sequel Systems` ongoing campaign to reduce medical errors by increasing the adoption and active use of e-prescribing technology in hospitals and physicians` offices across the nation. |
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