Business Editors/Health & Medical Writers
ST. LOUIS, Mo. and CINCINNATI, Ohio--(BUSINESS WIRE)-- June 22, 2000
Express Scripts, Inc. (Nasdaq: ESRX) and PocketScript, Inc., today announced an agreement to bring PocketScript's wireless, handheld e-prescribing system to more than 15,000 Express Scripts' physicians. Under the agreement, Express Scripts will provide PocketScript's device, which includes formulary information and potential drug interactions, to approximately 15,000 physicians at the point of care.
PocketScript(TM) is the first e-prescribing system with a speech-driven interface and a touch-screen technology to generate prescriptions. Additionally, PocketScript is the first e-prescribing system to feature high-speed Internet access and streaming video/audio to doctors' PDA (Personal Digital Assistant).
"The time is right for electronic prescribing to become the primary method for generating a prescription," said Barrett Toan, chief executive officer for Express Scripts. "The technology is robust, relatively inexpensive and able to easily fit into a physician's work flow. Electronic prescribing supports improved delivery of health for patients by eliminating drug misadventures associated with a hand written prescription."
"Fitting into the physician's office routine is the key to physician adoption of handheld electronic prescribing systems," continued Toan. "PocketScript's development of voice recognition software will enhance the physicians' ability to prescribe pharmaceuticals efficiently, without interrupting the workflow. Our relationship with PocketScript is an important part of Express Scripts' strategy to connect electronically to a significant portion of the physicians nationwide who write the majority of prescriptions for our 38.5 million members."
"Signing with Express Scripts is an endorsement of PocketScript's technology - the ability to command the system by simply talking to it," said Stephen S. Burns, CEO and co-founder of PocketScript. "This is a breakthrough in the way physicians will prescribe pharmaceuticals and it enhances opportunities to interact with their patients."
Express Scripts continues to support the rapid acceptance of electronic prescribing technology by announcing its new relationship with PocketScript. As part of the agreement, Express Scripts will provide fee-based financial compensation, marketing support and clinical assistance to PocketScript.