Medicare Offering Bonuses To Doctors Who Use E-Prescriptions

Doctors are being offered an incentive by Medicare to start ditching old paper prescriptions in favor of electronic ones. The expectation is that e-prescriptions will reduce costs and minimize mistakes due to Doctors’ Notoriously Terrible hand writing.

Starting January 1st of 2009, doctors will start receiving bonuses for using e-prescriptions, which are accepted by 80-percent of pharmacies in the country, including the largest chains, such as CVS, Rite Aid, and Walgreens. In 2009 and 2010, doctors will receive a 2-Percent Bonus on Medicare Payments, 1-percent in 2011 and 2012, and half a percent in 2013.

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