ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Surescripts’ Unmatched Healthcare Interoperability Delivered Intelligence Sharing at Scale in 2023

Surescripts®, the nation’s leading health information network, saw a nearly 10% increase in patient intelligence sharing in 2023, with nearly 24 billion exchanges of patient clinical and benefit information, connecting 2.14 million care providers and organizations and reaching more than 99% of the U.S. population, according to new data in the 2023 National Progress Report.

“The data in this year’s report shows that Surescripts and our partners across the Network Alliance remain unmatched in advancing interoperability at scale,” said Frank Harvey, Chief Executive Office for Surescripts. “But it goes beyond the numbers – it's really about what it means for patients and those who care for them, like helping them save money on prescriptions, alleviating provider burnout that can limit access to care, and getting patients needed medications faster.”

The annual report also highlighted the top 10 counties most impacted by worsening primary care provider (PCP) shortages where there are the greatest opportunities for pharmacies to help ensure timely access to quality healthcare. The counties include:

  1. Hudson, NJ
  2. Shelby, AL
  3. Carolina, PR
  4. Morgan, AL
  5. Robeson, NC
  6. Madison, MS
  7. Bradley, TN
  8. Marshall, AL
  9. Sevier, TN
  10. Guaynabo, PR

According to the report, 62.9% of U.S. counties had fewer than one primary care provider for every 1,500 residents, and 196 had no primary care providers at all. At the same time, annual growth in PCPs using electronic prescribing averaged just 1.7% from 2019 to 2023, compared to 10% among non-PCPs. Of those, pharmacists saw the most growth in 2023, with 28.93%, compared to 9.82% for nurse practitioners, 9.79% for hospitalists, 9.77% for general practitioners, and 7.91% for physician assistants.

“We see responsibilities shifting across the care team as other types of clinicians take on more clinical responsibility—including pharmacists, among whom e-prescribing jumped dramatically in 2023,” Harvey explained. “By empowering pharmacists and physicians to collaborate, we can help ensure healthcare remains accessible for patients no matter where they live.”

Report Highlights:

  • In 2023, Record Locator & Exchange was used by 259,699 clinicians from 59,172 organizations across all 50 states and Washington, D.C.—a 3.8% increase in users from 2022. Together, they found and shared 1.89 billion clinical documents representing 31% of the Carequality interoperability framework’s average monthly exchange activity in 2023.
  • Surescripts delivered 2.97 billion medication histories to clinicians that helps simplify the patient medication review process. This technology provides data standardization, augmentation and deduplication, making the experience simpler and safer. One health system saw a 98.9% reduction in medication history errors during care transitions in 2023.
  • Surescripts processed 2.5 billion electronic prescriptions, including 302.9 million electronic prescriptions for controlled substances in 2023.
  • In addition, Sig IQ technology augmented 1.4 million electronic prescription renewal requests in Q4 alone, translating free-text patient directions into a quality-controlled, clinically validated format or Structured & Codified Sig, meaning prescribers can approve requests in fewer keystrokes and patient safety is enhanced.
  • The number of prescribers using Real-Time Prescription Benefit increased by 9.8% in 2023, meaning 60% of all e-prescribers on the Surescripts network used the service.
  • When Real-Time Prescription Benefit was used to find a less costly medication, patients saw an average savings of $37 per prescription and $785 per specialty medication.
  • In 2023, 881,070 pharmacists, prescribers, payers and other healthcare organizations—including 22,556 pharmacies—used Clinical Direct Messaging to send and receive secure, HIPAA-compliant messages.
  • Surescripts saw a 49% increase in the number of prior authorizations processed electronically in 2023, and a 20% increase in prior authorizations for specialty medications processed electronically.

Check out Surescripts 2023 National Progress Report.

About Surescripts

Our purpose is to serve the nation through simpler, trusted health intelligence sharing, in order to increase patient safety, lower costs and ensure quality care. At Surescripts, we align healthcare organizations across the nation and convene the Surescripts Network Alliance® to give healthcare professionals the trusted insights they need to serve patients. Together, we’re making interoperability an everyday reality, making it simpler to choose medications patients can afford and adhere to, and getting specialty medications to patients more efficiently. Visit us at surescripts.com and follow us on LinkedIn.

"The report shows Surescripts and our Network Alliance partners remain unmatched in advancing healthcare interoperability at scale,” said Frank Harvey, CEO, Surescripts. “But its really about what it means for patients and those who care for them."

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.