Computerized Physician Order Entry Systems Market Has Seen Significant Rise In Demand Over The Last Decade

 

A computerized physician order entry system (CPOE) in medical care tends to capture, record, and relay medical information for a physician. This medical information pertains to a patient's treatment procedure, and is typically in an electronic medical format. A typical electronic CPOE system will include basic functionality such as patient medical records, appointment reminders, emergency contact information, and detailed insurance documentation. This type of software system has greatly improved patient care in the long run, which is expected to propel growth of computerized physician order entry systems market.

It is very important that a physician knows all of the necessary details regarding their practice. These details are essential for the health and safety of patients. Medical professionals can greatly improve patient safety by preventing clerical errors and oversights. One way to improve this safety net is through adoption of computerized physician order entry systems. Thus, increase in adoption of such systems is expected to aid in growth of the computerized physician order entry systems market.

If you are not familiar with some of the terms used in EMR, or Electronic Medical Records, then you may refer to the term "Electronic Medical Record". To better understand this term, it is helpful to know what most types of electronic health records commonly contain. Generally, they contain patient medical records, medical diagnosis notes, procedural codes, information on prescriptions, patient medical history, laboratory and radiology reports, patient education materials and correspondence from medical providers. While all of these items are contained in EMRs, the accuracy and completeness depend heavily on the quality of the manufacturer, the system that the information is stored on, the data integrity of which, and how the information is stored.

The computerized physician order entry systems market has seen a significant rise in demand over the last decade. As an industry, this type of software has experienced a dramatic growth, with many new applications being created every year. Many of these new applications focus on reducing errors and improving the organization of existing applications and data. For example, some of the programs focus on capturing demographic information, which can provide valuable details about patient demographics such as age and sex, and reduce errors related to Medicaid and Medicare Part D applications. Another common use for these tools is to reduce errors related to insurance billing, as well as documentation and billing for prescription drugs.

In order to meet the standards of the HIPAA Privacy Rule, EMR requirements must be strictly followed, including accurate spelling and grammar, clear communication and easy to understand directions. Many companies in the computerized physician order entry systems market offer trial periods of up to one month or even longer. This period is designed to allow a company's employees to become familiar with the computerized physician order entry interface and familiarize themselves with the specific terminology and instructions. While this trial period allows for plenty of time to determine whether or not the software works, most companies offer a one year trial period.