Monday, January 5, 2009

Health 2.0 should start expanding in 2009

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Forbes recently examined part of the medical stimulus package which Obama plans to grant when his new presidential term begins. It is believed that $10 billion of that will be given to implement electronic health records across the nation. This could be the beginning action that starts spending in the health care IT field. While it will cost a great amount of money to implement the electronic health records, $7.6 billion over 15 years, it is believed that hospitals and physicians could save over $7 billion within five years.

The article also focuses on the potential for algorithms to contribute to the medical field. With more technology, medical professionals could use algorithms to better predict treatments that will be successful for patients. This stimulus package could be the beginning an increased focus on spending IT in the health care field. What do you think? Will this be the beginning of a revolution in health care?

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