But You Can Still Keep Your Doctor… Right?

Speaking of ObamaCare (see below):

The report predicted that widespread use of electronic records could save the United States health care system at least $81 billion a year, a figure RAND now says was overstated. The study was widely praised within the technology industry and helped persuade Congress and the Obama administration to authorize billions of dollars in federal stimulus money in 2009 to help hospitals and doctors pay for the installation of electronic records systems.

But evidence of significant savings is scant, and there is increasing concern that electronic records have actually added to costs by making it easier to bill more for some services. …

RAND’s 2005 report was paid for by a group of companies, including General Electric and Cerner Corporation, that have profited by developing and selling electronic records systems to hospitals and physician practices. Cerner’s revenue has nearly tripled since the report was released, to a projected $3 billion in 2013, from $1 billion in 2005.

It’s the law of the land now. No use crying about it. Elections have consequences, as Aggie would say.

PS: Though I thought it was immoral to profit from medicine.

“Health Care and Profits, a Poor Mix.”

“Hospitals run for profit are also less likely than nonprofit and government-run institutions to offer services like home health care.”

“A shareholder might even applaud the creativity with which profit-seeking institutions go about seeking profit. But the consequences of this pursuit might not be so great for other stakeholders in the system — patients, for instance.”

Right. Medicine is so much better when government runs it.

1 Comment »

  1. Buck O'Fama said,

    January 11, 2013 @ 6:09 pm

    The statist-leftist syllogism at work:
    1) Government “reforms” healthcare by passing a massive, crap-sandwich bill that nobody read in the middle of the night.
    2) ???
    3) Health care costs go DOWN while everyone receives BETTER coverage!

    I guess the Republicans were responsible for screwing #2 up.

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