Experts say Obama’s digital health records effort may be ‘effectively dead’

by Richard Pollock
October 29, 2014

President Obama’s ambitious $30 billion subsidy program to encourage doctors and hospitals to use electronic health records may be “effectively dead,” as doctors and hospitals flee the program.

The 2009 electronic health records law was heavily promoted by President Obama as a precursor to Obamacare.

He offered financial incentives to medical providers to encourage them to get off paper and use electronic systems for real-time sharing of health information.

Reformers promised there would many benefits once the program was in place. Most importantly, doctors and hospitals would receive nearly instantaneous medical profiles of their patients.

Five years after the law’s enactment, a large number of the nation’s doctors and hospitals are beginning to bail out of the program.

“We have been pondering the question of whether the government EHR program is effectively dead,” three Wells Fargo securities analysts asked in a proprietary report they prepared on Sept. 24 for investors in healthcare tech firms.

“Almost half of providers may drop out during” the current stage of the program, they concluded. The Washington Examiner obtained a copy of the report.

No comments yet - you can be the first!

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep the Fake News Media in check.

Don’t let the MSM censor your news as America becomes Great Again. Over 500,000 Americans receive our daily dose of life, liberty and pursuit of happiness along with Breaking News direct to their inbox—and you can too. Sign up to receive news and views from The 1776Coalition!

We know how important your privacy is and your information is SAFE with us. We’ll never sell
your email address and you can unsubscribe at any time directly from your inbox.
View our full privacy policy.