Tuesday, January 15, 2013

Why Electronic Health Records Failed

From the article: "Back in 2005, researchers at the influential RAND Corp. made an optimistic prediction: Digitizing electronic medical records could save the health-care system at least $81 billion annually.

The savings were significant but not unreasonable: It would represent less than a 1 percent cut to health-care spending, much smaller than the 1.5 percent efficiency increase the retail sector saw when it went digital.

Seven years later, those savings have not materialized." Read more