By Robert Hudock, on April 17th, 2009
Print This PostThe “Health Information Technology for Economic and Clinical Health Act’’ or the ‘‘HITECH Act” (as contained within the American Recovery and Reinvestment Act of 2009 [the “Stimulus”]) will expand the use of health information technology (HIT) and appropriates $250 million for this Fiscal Year for implementing the new HITECH provisions.1 Politicians are now convinced that health care expenditures can be tamed using HIT: Health care expenditures currently make up 16% of the U.S. gross domestic product and are projected to become about 20% of the gross domestic product by 2015.2 The HITECH Act thus offers significant financial incentives to providers for implementing HIT, in particular, electronic health records [...]
Analysis of the HITECH Act’s Incentives to Facilitate Adoption of Health Information Technology
The “Health Information Technology for Economic and Clinical Health Act’’ or the ‘‘HITECH Act” (as contained within the American Recovery and Reinvestment Act of 2009 [the “Stimulus”]) will expand the use of health information technology (HIT) and appropriates $250 million for this Fiscal Year for implementing the new HITECH provisions.1 Politicians are now convinced that health care expenditures can be tamed using HIT: Health care expenditures currently make up 16% of the U.S. gross domestic product and are projected to become about 20% of the gross domestic product by 2015.2 The HITECH Act thus offers significant financial incentives to providers for implementing HIT, in particular, electronic health records [...]