CBO: What Savings?
A recent report from the Congressional Budget Office joins several other reports in asserting that the health IT won’t deliver significant cost savings. The report specifically attacked the often-cited RAND report number of $77 billion in annual cost savings.
According to the report, health IT will only yield cost savings if implemented with broader healthcare reform measures. Also, government-mandated technologies such as e-presecribing could generate savings.
Coming from the Congressional Budget Office, many pundits have said that the report could effect prospects for legislation to boost the use of health IT. I don’t think so, given the number of reports that claim otherwise and the growing political importance of healthcare to the new administration soon to be in power.
Tags: CBO, EHR, EMR, Health+IT, Healthcare+PR, Medical+PRPosted by Shawn Whalen on June 16, 2008 at 7:16 AM
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