Generic Medicine use now at 60%

 

Based on the recently released Mediscor Medicines Review, generic use has hit a record high of 60% compared to a low 35% just over a decade ago.

Erik Roos, CEO of leading generics firm, Pharma Dynamics, describes this as an extraordinary success story.

“To put it into context, generic medicine has not only saved SA healthcare billions, but has increased access to affordable medicine for millions of patients.

“It wasn’t such a long time ago, when virtually no generics were available in the country to treat life-threatening conditions such as cardiovascular disease (CVD). Today, close to 100 million prescriptions per annum are for generic medicines.”

“In 2001, the government passed a law that allowed generic substitution of branded medicines, provided that both doctor and pharmacists approved of it. Since then we’ve seen a surge in usage”, he remarks.

According to the review, generic uptake by provider type, is highest for GPs (89.8%), followed by courier pharmacies (83.7%), other providers (76%) and retail pharmacies (74.5%).

The highest generic uptake is for HIV/AIDS (93.3%), oncology (88.5%) and non-prescribed minimum benefits (PMB) chronic (82.4%). The latter includes illnesses such as bipolar mood disorder and asthma. In other major disease classes, such as cardiovascular disease (CVD), generics also dominate.

 

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About Medinol:
Medinol is one of the few purpose-built practice management application to meet the unique needs of independent private healthcare providers. Today Medinol helps over 130 providers throughout South Africa run more efficient and profitable practices, while delivering outstanding patient care. As an on-premise software, Medinol and the data it manages, is fully under your control. This enhances your independence and privacy: what happens in your rooms, stays in your rooms. Medinol helps manage your patient information, generates your billings, submits your claims, control your outstandings, and get your accounts paid quickly. Medinol has been in operation since 1984 demonstrating its proven efficacy. Medinol’s mission is to help independent practices succeed in an ever-changing healthcare environment. More information can be found at http://medinol.co.za.

Contact:

medical billing software

 

Fudley Bezuidenhout Pr.Eng.
Founder and CEO
Email: info@medinol.co.za
Ph: 021-906-2296
Cell: 082-688-9610

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