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Medical records bonanza?

Wednesday, March 18th, 2009

Health Care IT Firms Rushing to Grab Share of Stimulus

Indianapolis Business Journal
J.K. Wall -  jwall@ibj.com
Sat. March 07 – 2009

Grab a partner and dance. Fast.

The stimulus bill passed last month essentially sets a five-year time line for doctors to start using electronic medical records and for states to figure out how to exchange those records from doctor to doctor.

That has prompted Indiana businesses and not-for-profits that deal in medical records to look for partners to help them meet the challenge and capitalize on the opportunity.

The potential market is substantial. Even before the stimulus bill, the U.S. health care information technology industry spent $28 billion annually. The stimulus bill provides incentives that could pump $31 billion more into the market over the next decade.

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