President Obama’s has created an incentive program to encourage physicians to adopt functional Electronic Medical Records. The program’s $27 billion dollars (funded by President Obama’s Economic Stimulus package) will turn out to be a colossal failure and a waste of money.
Twenty seven billion dollars would provide $44,000 for 640,000 physicians. After the bureaucratic infrastructure is built the federal government will be lucky if one third of the money remains for bonuses to physicians.
Only 21,000 of 650,000 (3%) of physicians have applied to date.
Complex bureaucracies and complicated regulations never save money. These bureaucracies create bigger government, inconsistent policies, more complicated regulations and inefficiencies.
The best and cheapest way to create a universally accepted and functional EMR is for the federal government to put the software in the cloud and charge physicians by the click for the use of the Ideal Medical Record.
Upgrades in software to the Ideal Medical Record will be swift , inexpensive and instantly adopted. Read more »
*This blog post was originally published at Repairing the Healthcare System*