eRx System Trends: Market Research Report
eRx, popularly known as e-prescribing or electronic prescribing, refers to the electronic, two-way transmission of prescription information between a physician, pharmacist, health plan, pharmacy benefit manager, or dispenser. eRx or e-prescribing is increasingly becoming a standard practice in the world of medicine. The technology is witnessing a gradual adoption by the clinical community across developed countries to enhance quality of care, and cut healthcare costs.
The report also offers global market estimates and projections for eRx Systems in US dollars for years 2012 through 2017. The report analyzes and presents an overview of eRx Systems market worldwide. Supported with 8 market data tables, the report highlights the ever increasing permanence of eRx Systems. The report also provides a review of global market trends along with benefits and challenges pertaining to the eRx Systems. The report further covers several regional markets including the United States, Canada, and Europe. The report highlights on various strategic industry activities of major companies witnessed by the industry over the last few years. In addition, 165 companies operating in the eRx Systems arena worldwide including Allscripts Healthcare Solutions Inc., DrFirst Inc., NEXTGEN Healthcare Information Systems LLC, NewCroprx LLC, Quality Systems Inc., and others are profiled.
The report also offers global market estimates and projections for eRx Systems in US dollars for years 2012 through 2017. The report analyzes and presents an overview of eRx Systems market worldwide. Supported with 8 market data tables, the report highlights the ever increasing permanence of eRx Systems. The report also provides a review of global market trends along with benefits and challenges pertaining to the eRx Systems. The report further covers several regional markets including the United States, Canada, and Europe. The report highlights on various strategic industry activities of major companies witnessed by the industry over the last few years. In addition, 165 companies operating in the eRx Systems arena worldwide including Allscripts Healthcare Solutions Inc., DrFirst Inc., NEXTGEN Healthcare Information Systems LLC, NewCroprx LLC, Quality Systems Inc., and others are profiled.
1. ERX SYSTEMS – A TECHNOLOGY OVERVIEW
eRx – An Introduction
eRx - A Revolutionary Technology to Enhance Patient Care
eRx - Benefits
Prescription Accuracy
Improved Efficiency
Cost-effectiveness
Medication Adherence
eRx Systems - Challenges
Limited Physician Acceptance
Lack of Required Functional Capabilities
System Errors due to Human-Computer Interaction
Concerns over Patient Data Privacy
Lack of Awareness
Inefficient System Design
Lack of Physician Training
Data Availability
CDS Systems
2. US E-PRESCRIPTION MARKET
Overview of e-prescription Market
Integrated EHR Systems to Replace Standalone eRx Systems
Government Agencies Promote EMR and CDS Technologies
US Regulatory Scenario
e-Coupons
3. CANADIAN E-PRESCRIPTION MARKET
Overview
4. EUROPEAN E-PRESCRIPTION MARKET
Overview
5. RECENT INDUSTRY ACTIVITY
Allscripts Introduces Allscripts Care Director
Bizmatics Introduces iPhone Application for PrognoCIS EMR Software
NextGen Healthcare Information Systems Introduces 8 Series Electronic Health Record Content System
Xpress Technologies Unveils E-prescribing Solution
Christie Clinic Selects Comprehensive Electronic Health Records Solution of eClinicalWorks
Concentra to Deploy Electronic Health Record System of Allscripts
DrFirst Forms E-prescribing Task Force for Physicians in New York
East Jefferson General Hospital and Cerner Enter into Partnership
iMedX Takes Over Medical Transcription Companies
NewCrop and Surescripts to Extend Healthcare Coordination and Collaboration
PDR Network and NewCrop Enter into Strategic Partnership
Quality Systems Takes Over Matrix Management Solutions
6. MARKET PARTICIPANTS
Primary Players
Allscripts Healthcare Solutions, Inc. (USA)
Athenahealth, Inc. (USA)
Bizmatics, Inc. (USA)
Cerner Corporation (USA)
DrFirst, Inc. (USA)
eClinicalWorks LLC (USA)
Emdeon, Inc. (USA)
e-MDs, Inc. (USA)
Henry Schein Medical System, Inc. (USA)
iMedX, Inc. (USA)
InstantDx LLC (USA)
NewCroprx LLC (USA)
NextGen Healthcare Information Systems, Inc. (USA)
PDR Network LLC (USA)
Practice Fusion, Inc. (USA)
Quality Systems, Inc. (USA)
Surescripts-rxhub LLC (USA)
Niche Players
ABEL Medical Software, Inc. (USA)
ABH Enterprises LLC - ADVIX (USA)
Accumedic Computer Systems, Inc. (USA)
Acrendo Medical Software, Inc. (USA)
ACS, Inc. (USA)
Addabo Family Health Center (USA)
ADP AdvancedMD (USA)
Advanced Data Systems Corporation (USA)
Advanced Medical Information Solutions LLC (USA)
Aetna, Inc. (USA)
Agadia Systems, Inc. (USA)
Agastha, Inc. (USA)
AllegianceMD Software, Inc. (USA)
Amazing Charts. com LLC (USA)
American Medical Software (USA)
AppMed, Inc. (USA)
Aprima Medical Software, Inc. (USA)
ASP. MD, Inc. (USA)
Avazen Health, Inc. (USA)
Azalea Health (USA)
BCBSIL BH Unit (USA)
Best Health Solutions (USA)
Cal-Med (USA)
Capraro Technologies, Inc. (USA)
CareEMR (USA)
CareEvolve (USA)
ChartLogic, Inc. (USA)
Claimat (USA)
Cyclops Vision Corporation (USA)
Data Stratagies, Inc. (USA)
DataNet Solutions, Inc. (USA)
DataTel Solutions, Inc. (USA)
DavLong Business Solutions (USA)
Delta Care Rx (USA)
DermiScribe LLC (USA)
doc2MD, Inc. (USA)
Doctor Access (USA)
DoseSpot (USA)
E*Healthline (USA)
edgeMED Healthcare Solutions, Inc. (USA)
eDoctor, Inc. (USA)
eInteractive Universe LLC (USA)
EmblemHealth (USA)
Empower Systems (USA)
EMR Solutions, Inc. (USA)
Encite, Inc. (USA)
ePOWERdoc (USA)
eRx Script Exchange Pty. , Ltd. (Australia)
Eyefinity, Inc. (OfficeMate) (USA)
Falcon LLC (USA)
First Insight Corporation (USA)
Genius Solutions, Inc. (USA)
Greenway Medical Technologies, Inc. (USA)
H2H Solutions, Inc. (USA)
Health Information Designs LLC (USA)
Health One Technology Solutions (USA)
HealthFusion, Inc. (USA)
Holt Systems, Inc. (USA)
iApp Creative LLC ( iPrescribe) (USA)
Iatric Systems, Inc. (USA)
Infor-Med Corporation (USA)
InPracSys (USA)
Insight Software LLC (USA)
Integrated Health Care Solutions (IHCS) (USA)
Intellicure (USA)
IO Practiceware, Inc. (USA)
Iton LLC (USA)
JAG Products, LLC (USA)
Key Medical Software, Inc. (USA)
Kryptiq Corporation (USA)
Levin Software Technologies, Inc. (USA)
Lexi-Comp, Inc. (USA)
LIN Software LLC (USA)
Liquid Medical Office, Inc. (USA)
LWSI (USA)
MacPractice, Inc. (USA)
Management Plus (USA)
McKesson Specialty Care Solutions (USA)
MD Toolbox (USA)
MDLand International (USA)
MDS Medical (USA)
MEDCOM Information Systems, Inc. (USA)
MEDENT Community Computer Service, Inc. (USA)
MedFlow, Inc. (USA)
MEDfx Corporation (USA)
Medical Information Integration (USA)
Medical Office Online, Inc. (USA)
MedicaLINX (USA)
Medicat LLC (USA)
Meditab Software, Inc. (USA)
MediVoice LLC (USA)
MedNet Medical Solutions (USA)
MedPlus, Inc. (USA)
Metasolutions, Inc. (USA)
MicroFour, Inc. (USA)
Microwize Technology (USA)
Mitochon Systems (USA)
MxSecure (USA)
MyBrand-Rx, LLC (USA)
Netsmart Technologies (USA)
Networking Technology, Inc. (RxNT) (USA)
NexTech Systems, Inc. (USA)
Nortec Software, Inc. (USA)
NovusVision (USA)
Nuesoft Technologies, Inc. (USA)
OA Systems (USA)
Office Ally (USA)
OmniMD (USA)
Paramount Health Solutions LLC (USA)
PatientClick (USA)
PatientKeeper, Inc. (USA)
PatientNOW (USA)
PCIS GOLD (USA)
Phyaura LLC (USA)
PK Software, Inc. (USA)
Plextra Healthcare Information Systems, Inc. (USA)
Positive Business Solutions, Inc. (PBSI) (USA)
PracticeSuite, Inc. (USA)
PrescribersConnection Corporation LLC (USA)
Prime Clinical Systems, Inc. (USA)
Professional Economics Bureau of America, Inc. - XlDent (USA)
Pulse Systems (USA)
Pyramed Health Systems (USA)
QRS, Inc. (USA)
Raintree Systems (USA)
RelayHealth (USA)
ReLi Med Solutions LLC (USA)
ScriptPad, Inc. (USA)
ScriptRx, Inc. (USA)
ScriptSure by Daw Systems, Inc. (USA)
SequelMed (USA)
Siemens Medical Solutions USA, Inc. (USA)
Spring Medical Systems, Inc. (USA)
SRSsoft (USA)
Sterling Healthcare Information Systems (USA)
Stratford Software, Inc. (USA)
Stratus EMR (USA)
SynaMed (USA)
TactusMD (USA)
Thermamanger LLC (USA)
UltraMED, Inc. (USA)
Valant Medical Solutions, Inc. (USA)
Vision Infonet, Inc. (USA)
Waiting Room Solutions (USA)
WEBeDoctor, Inc. (USA)
Workflow. COM LLC (USA)
Yak Digital Corporation (eSoftMD) (USA)
ZoomMed, Inc. (Canada)
7. APPENDIX
eRx – An Introduction
Table 1. Global eRx Systems Market (2012-2017) in US$ Million
eRx - A Revolutionary Technology to Enhance Patient Care
Table 2. Number of e-Prescriptions (2008-2012) Routing in Million
eRx - Benefits
Prescription Accuracy
Improved Efficiency
Cost-effectiveness
Medication Adherence
eRx Systems - Challenges
Limited Physician Acceptance
Lack of Required Functional Capabilities
System Errors due to Human-Computer Interaction
Concerns over Patient Data Privacy
Lack of Awareness
Inefficient System Design
Lack of Physician Training
Data Availability
CDS Systems
2. US E-PRESCRIPTION MARKET
Overview of e-prescription Market
Table 3. e-Prescription Adoption Rates by Small Practitioners in the US (%) - 2012
Table 4. e-Prescription Adoption Rates by Specialization in the US (%) - 2012
Integrated EHR Systems to Replace Standalone eRx Systems
Table 5. EHR Adoption Rates Vs Standalone Adoption Rates in the US (2008-2012) (% Change)
Government Agencies Promote EMR and CDS Technologies
US Regulatory Scenario
Table 6. US States Ranked by Safe e-Prescription Adoption Rates – 2012
e-Coupons
Table 7. e-Prescription Adoption by Chain Pharmacies in US (2008-2012) (in thousands)
Table 8. No. of e-Rx Transactions Vs Eligible Prescriptions (2010-2013) in Millions
3. CANADIAN E-PRESCRIPTION MARKET
Overview
4. EUROPEAN E-PRESCRIPTION MARKET
Overview
5. RECENT INDUSTRY ACTIVITY
Allscripts Introduces Allscripts Care Director
Bizmatics Introduces iPhone Application for PrognoCIS EMR Software
NextGen Healthcare Information Systems Introduces 8 Series Electronic Health Record Content System
Xpress Technologies Unveils E-prescribing Solution
Christie Clinic Selects Comprehensive Electronic Health Records Solution of eClinicalWorks
Concentra to Deploy Electronic Health Record System of Allscripts
DrFirst Forms E-prescribing Task Force for Physicians in New York
East Jefferson General Hospital and Cerner Enter into Partnership
iMedX Takes Over Medical Transcription Companies
NewCrop and Surescripts to Extend Healthcare Coordination and Collaboration
PDR Network and NewCrop Enter into Strategic Partnership
Quality Systems Takes Over Matrix Management Solutions
6. MARKET PARTICIPANTS
Primary Players
Allscripts Healthcare Solutions, Inc. (USA)
Athenahealth, Inc. (USA)
Bizmatics, Inc. (USA)
Cerner Corporation (USA)
DrFirst, Inc. (USA)
eClinicalWorks LLC (USA)
Emdeon, Inc. (USA)
e-MDs, Inc. (USA)
Henry Schein Medical System, Inc. (USA)
iMedX, Inc. (USA)
InstantDx LLC (USA)
NewCroprx LLC (USA)
NextGen Healthcare Information Systems, Inc. (USA)
PDR Network LLC (USA)
Practice Fusion, Inc. (USA)
Quality Systems, Inc. (USA)
Surescripts-rxhub LLC (USA)
Niche Players
ABEL Medical Software, Inc. (USA)
ABH Enterprises LLC - ADVIX (USA)
Accumedic Computer Systems, Inc. (USA)
Acrendo Medical Software, Inc. (USA)
ACS, Inc. (USA)
Addabo Family Health Center (USA)
ADP AdvancedMD (USA)
Advanced Data Systems Corporation (USA)
Advanced Medical Information Solutions LLC (USA)
Aetna, Inc. (USA)
Agadia Systems, Inc. (USA)
Agastha, Inc. (USA)
AllegianceMD Software, Inc. (USA)
Amazing Charts. com LLC (USA)
American Medical Software (USA)
AppMed, Inc. (USA)
Aprima Medical Software, Inc. (USA)
ASP. MD, Inc. (USA)
Avazen Health, Inc. (USA)
Azalea Health (USA)
BCBSIL BH Unit (USA)
Best Health Solutions (USA)
Cal-Med (USA)
Capraro Technologies, Inc. (USA)
CareEMR (USA)
CareEvolve (USA)
ChartLogic, Inc. (USA)
Claimat (USA)
Cyclops Vision Corporation (USA)
Data Stratagies, Inc. (USA)
DataNet Solutions, Inc. (USA)
DataTel Solutions, Inc. (USA)
DavLong Business Solutions (USA)
Delta Care Rx (USA)
DermiScribe LLC (USA)
doc2MD, Inc. (USA)
Doctor Access (USA)
DoseSpot (USA)
E*Healthline (USA)
edgeMED Healthcare Solutions, Inc. (USA)
eDoctor, Inc. (USA)
eInteractive Universe LLC (USA)
EmblemHealth (USA)
Empower Systems (USA)
EMR Solutions, Inc. (USA)
Encite, Inc. (USA)
ePOWERdoc (USA)
eRx Script Exchange Pty. , Ltd. (Australia)
Eyefinity, Inc. (OfficeMate) (USA)
Falcon LLC (USA)
First Insight Corporation (USA)
Genius Solutions, Inc. (USA)
Greenway Medical Technologies, Inc. (USA)
H2H Solutions, Inc. (USA)
Health Information Designs LLC (USA)
Health One Technology Solutions (USA)
HealthFusion, Inc. (USA)
Holt Systems, Inc. (USA)
iApp Creative LLC ( iPrescribe) (USA)
Iatric Systems, Inc. (USA)
Infor-Med Corporation (USA)
InPracSys (USA)
Insight Software LLC (USA)
Integrated Health Care Solutions (IHCS) (USA)
Intellicure (USA)
IO Practiceware, Inc. (USA)
Iton LLC (USA)
JAG Products, LLC (USA)
Key Medical Software, Inc. (USA)
Kryptiq Corporation (USA)
Levin Software Technologies, Inc. (USA)
Lexi-Comp, Inc. (USA)
LIN Software LLC (USA)
Liquid Medical Office, Inc. (USA)
LWSI (USA)
MacPractice, Inc. (USA)
Management Plus (USA)
McKesson Specialty Care Solutions (USA)
MD Toolbox (USA)
MDLand International (USA)
MDS Medical (USA)
MEDCOM Information Systems, Inc. (USA)
MEDENT Community Computer Service, Inc. (USA)
MedFlow, Inc. (USA)
MEDfx Corporation (USA)
Medical Information Integration (USA)
Medical Office Online, Inc. (USA)
MedicaLINX (USA)
Medicat LLC (USA)
Meditab Software, Inc. (USA)
MediVoice LLC (USA)
MedNet Medical Solutions (USA)
MedPlus, Inc. (USA)
Metasolutions, Inc. (USA)
MicroFour, Inc. (USA)
Microwize Technology (USA)
Mitochon Systems (USA)
MxSecure (USA)
MyBrand-Rx, LLC (USA)
Netsmart Technologies (USA)
Networking Technology, Inc. (RxNT) (USA)
NexTech Systems, Inc. (USA)
Nortec Software, Inc. (USA)
NovusVision (USA)
Nuesoft Technologies, Inc. (USA)
OA Systems (USA)
Office Ally (USA)
OmniMD (USA)
Paramount Health Solutions LLC (USA)
PatientClick (USA)
PatientKeeper, Inc. (USA)
PatientNOW (USA)
PCIS GOLD (USA)
Phyaura LLC (USA)
PK Software, Inc. (USA)
Plextra Healthcare Information Systems, Inc. (USA)
Positive Business Solutions, Inc. (PBSI) (USA)
PracticeSuite, Inc. (USA)
PrescribersConnection Corporation LLC (USA)
Prime Clinical Systems, Inc. (USA)
Professional Economics Bureau of America, Inc. - XlDent (USA)
Pulse Systems (USA)
Pyramed Health Systems (USA)
QRS, Inc. (USA)
Raintree Systems (USA)
RelayHealth (USA)
ReLi Med Solutions LLC (USA)
ScriptPad, Inc. (USA)
ScriptRx, Inc. (USA)
ScriptSure by Daw Systems, Inc. (USA)
SequelMed (USA)
Siemens Medical Solutions USA, Inc. (USA)
Spring Medical Systems, Inc. (USA)
SRSsoft (USA)
Sterling Healthcare Information Systems (USA)
Stratford Software, Inc. (USA)
Stratus EMR (USA)
SynaMed (USA)
TactusMD (USA)
Thermamanger LLC (USA)
UltraMED, Inc. (USA)
Valant Medical Solutions, Inc. (USA)
Vision Infonet, Inc. (USA)
Waiting Room Solutions (USA)
WEBeDoctor, Inc. (USA)
Workflow. COM LLC (USA)
Yak Digital Corporation (eSoftMD) (USA)
ZoomMed, Inc. (Canada)
7. APPENDIX