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The $100-B Question
Staff Reporters
Reporting in a January 6, 2009 article in Politico, Chris Frates says the healthcare industry could potentially gain more than $100 billion from the $775 billion economic stimulus plan that President-elect Obama and congressional Democrats are now assembling.
Insiders Speak
Frates reports that some pundits opine the vast majority [$80 billion] will be earmarked for state Medicaid programs. Apparently, President-elect Obama now realizes that many states have been put into a bad financial position, with failing budgets and increasing pressure on Medicaid programs, and massive layoffs across the country.
Health IT Earmarks
The other $20 billion would likely go to updating medical care delivery with health information technology. The money probably will be distributed as pay-for-performance [P4P] rewards, with some of it being used as grants to hospitals and healthcare systems that need help building IT infrastructures.
Assessment
Link: http://www.politico.com/news/stories/0109/17119.html
Conclusion
And so, your thoughts and comments on this Medical Executive-Post are appreciated. Can Obama achieve his stated healthcare goal of complete eMR adoption within five years?
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Filed under: Breaking News, Health Economics, Health Law & Policy, Information Technology | Tagged: bailout, economic stimulus, healthcare economics, HIT, Information Technology, IT |
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