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“Surescripts’s illegal contracts denied customers and, ultimately, patients, the benefits of competition – including lower prices, increased output, thriving innovation, higher quality, and more customer choice. Services are the fastest growing component of the E-Prescribing system Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. Eprescription market is expected to gain market growth in the forecast period of 2020 to 2027. According to the complaint, Surescripts monopolized two separate markets for e-prescription services:The Commission vote to file the complaint was 5-0. The FTC’s complaint states that Surescripts has been the dominant player in the e-prescribing market for some time. The FTC's complaint alleges Surescripts has a 95 percent share by transaction volume in two markets that facilitate electronic prescriptions: “routing” and “eligibility.” Eligibility is the transmission of a patient’s health insurance information from a payer, typically a … "We stand firm in our commitment to contest the FTC's allegations on the facts and merits of the case," Skelton said. Definitely not! Skelton said the company would not back down.Discover announcements from companies in your industry. The Federal Trade Commission sued the health information company Surescripts, alleging that the company employed illegal vertical and horizontal restraints in order to maintain its monopolies over two electronic prescribing, or “e-prescribing,” markets: routing and eligibility.E-prescribing provides a safer, more accurate, and lower-cost means to communicate and process patient prescriptions than traditional paper prescribing. The complaint alleges that Surescripts succeeded in maintaining its monopolies in routing and eligibility, despite the explosive growth of routing and eligibility transactions – from nearly 70 million routing transactions in 2008 to more than 1.7 billion in 2017.In the complaint filed on April 17, 2019 against Surescripts, the FTC is seeking to undo and prevent Surescripts’s unfair methods of competition, restore competition, and provide monetary redress to consumers.“For the past decade, Surescripts has used a series of anticompetitive contracts throughout the e-prescribing industry to eliminate competition and keep out competitors,” said Bureau of Competition Director Bruce Hoffman.
"Specifically, their complaint makes significant factual errors about Surescripts' business and mischaracterizes the e-prescribing market. The complaint alleges that Surescripts used anticompetitive tactics to keep both its routing and eligibility customers from using other e-prescribing platforms and avoid losing its dominant market share. Built to Transform Interactions between Clinicians, Pharmacists and Patients. The complaint was filed under seal in the U.S. District Court for the District of Columbia on April 17, 2019.
Among other things, the FTC alleges that Surescripts took steps to increase the costs of routing and eligibility multihoming through loyalty and exclusivity contracts.
RELX Group and the RE symbol are trade marks of RELX Intellectual Properties SA, used under license.Despite the formal non-compete no longer being in the agreement, the complaint said, strict contract provisions continue to prevent RelayHealth from competing with Surescripts, "ensuring that the routing market suffers for the effects of that non-compete today. Market Share of Surescripts's Largest Competitors A competitive analysis shows these companies are in the same general field as Surescripts, even though they may not compete head-to-head. A redacted version of the complaint was also filed. But that didn't get the FTC to drop its complaint that Surescripts enacted a cutthroat corporate strategy to freeze out potential competitors stretching back to the early 2000s, resulting in higher prices, reduced quality and stifled innovation, according to the agency.The free newsletter covering the top industry headlinesTopics covered: M&A, health IT, care delivery, healthcare policy & regulation, health insurance, operations and more. Surescripts Market Share and Competitors in Healthcare. Through this litigation, we hope to eliminate the anticompetitive conduct, open the relevant markets to competition, and redress the harm that Surescripts’s conduct has caused.”The FTC alleges that Surescripts intentionally set out to keep e-prescription routing and eligibility customers on both sides of each market from using additional platforms (a practice known as multihoming) using anticompetitive exclusivity agreements, threats, and other exclusionary tactics. ... Population Health Management Market Size is Expected to Reach USD 47.813 Billion by 2025 - Valuates Reports. "Specifically, their complaint makes significant factual errors about Surescripts' business and mischaracterizes the e-prescribing market."
Side-by-side comparison of Surescripts and Projectlabs. According to Surescripts reports, e-prescribing and tracing of controlled substances, such as opioids, ensures effective use of drugs/substances and eliminates poor record keeping methods, used as an avenue for common drug abuse. "In two cases, the company nabbed a noncompete promise from startup RelayHealth in 2003, then expanded the agreement in contract renewals in 2010 and 2015.