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Congress Approves ePrescribing Initiative in Medicare Reform Bill: Critical Catalyst in Driving a New Generation of Prescribing
Date:7/11/2008

FRANKLIN LAKES, N.J., July 11 /PRNewswire-FirstCall/ -- In approving a Medicare reform bill that provides incentives for doctors to forego traditional pad-and-paper prescribing in favor of digital systems, Congress took the lead in protecting America's seniors and reached a major milestone in wiring the health care system, Medco Health Solutions (NYSE: MHS) said today.

"History shows that where Medicare goes, the rest of the health care system will surely follow," said David B. Snow Jr., Medco chairman and CEO. "By providing incentives for doctors to embrace ePrescribing technologies in prescriptions written for Medicare, Congress has created a catalyst for a long overdue transformation -- adoption of a system proven to reduce errors and improve efficiencies in the most frequently used process in modern health care: prescribing medicines."

Snow added: "ePrescribing efficiencies reduce the cost of processing a prescription, and can help save billions of dollars for Medicare, reducing paperwork for physicians and pharmacists, and safeguarding the health of America's seniors."

The ePrescribing initiative, which first provides financial incentives for doctors who submit prescriptions digitally and then -- following a transition period -- penalizes those who do not, was contained in broad-based Medicare legislation approved by both houses of Congress and forwarded to the President.

Medco played an instrumental role in a broad coalition of pharmacy industry groups, insurers, employers, clinicians, and patient-advocacy organizations in supporting efforts to incent the adoption of secure digital prescribing technologies to improve clinical outcomes for patients and financial outcomes for payors.

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SOURCE Medco Health Solutions, Inc.
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