Security Biometrics Virtually Eliminates Hand Written Presriptions
EMedRx(TM), from Security Biometrics is both Software and Hardware Solutions to Increase the Efficiency for Physicians and Pharmacists and Enhances Safety for Patients
Security Biometrics, Inc. (PRWEB) February 8, 2003
Acquisition company focused on the rapidly developing field of
Biometrics, today announced its Datadesk Technologies division has
Formed a wholly owned subsidiary "eMedRx Inc." based in Canada. This
New subsidiary will focus on further developing, commercializing and
Marketing eMedRx(TM) - an electronic medical prescription system - to
Physicians, Hospitals, Private sector Clinics, Extended Care
Facilities, HMO's, and Pharmacies in Canada and the US. Besides
Retaining majority ownership through DataDesk, Security Biometrics
Will be receiving an on-going revenue stream by way of the sale of
Software and hardware, royalties, and management and transaction fees.
Stephen Henry, President of eMedRx, noted, "Over 3.1 billion
Prescriptions were filled in 2002 in the US, representing in excess of
$170 billion in payments. This is expected to increase by 15% this
Year. We estimate multi-million dollar revenues from eMedRx(TM) as the
Industry embraces the efficiency, security and authenticity of
Electronic Medical Prescriptions."
One of the greatest challenges to the healthcare industry is to
Safeguard the patient's health and to secure sensitive patient files.
To address the serious problems associated with phone-in and
Handwritten prescriptions, Security Biometrics, through its eMedRx(TM)
Initiative, has launched its electronic prescription system.
EMedRx(TM) is an integrated electronic medical prescription software
Solution. The eMedRx(TM) product is designed to increase accuracy,
Security, and efficiency in the prescription fulfillment process. The
EMedRx(TM) digital format is based on the Public Key Infrastructure
And the industry standard XML.
eMedRx(TM) enables authenticated electronic communication between
Physicians and pharmacies. By using the unique Biometric
Authentication capability of PenFlow(TM), eMedRx(TM) ensures that only
An authorized prescriber is writing the prescription, by biometrically
Authenticating his/her signature. Using eMedRx(TM), doctors can
Instantly prescribe from smart cell phones, PDA's, laptops and desktop
Computers. Prescriptions can be transmitted via the Internet and by
Fax directly from the physician's point-of-care facility to the
Pharmacy. The pharmacy will now receive a clear and legible
Prescription - securely authenticated.
The pharmacy can use eMedRx(TM) to fill prescriptions, update
Patient records, and communicate with insurance providers. eMedRx(TM)
Will be able to link to existing drug intervention or point-of-sale
Software to manage risk. The eMedRx(TM) solution features easy to use
Pull down menus and drug and allergy interaction checks, and ensures
That only authorized personnel have access to sensitive patient
Information With the implementation of eMedRx(TM), prescription
Errors, forged prescriptions, and problems due to harmful drug
Interactions, can be substantially reduced. The entire process is
Faster than using a prescription pad, or phoning in prescriptions, and
Reduces the need for pharmacy callbacks producing substantial
Timesavings for physicians, pharmacy staff, and their patients.
Institute for Safe Medication Practices estimates that less than
5% of U. S. physicians currently "write" prescriptions electronically.
There are over 700,000 physicians in the United States and Canada.
This number grows substantially with the addition of practitioners,
Dentists, chiropractors and all other healthcare providers that
Prescribe medications. The potential market for eMedRx(TM) is quite
Large. eMedRx(TM)'s unique solution for today's medical needs promises
Opportunity for tremendous growth for the company over the next five
Years.
