Big Winners from Obama EHR Stimulus HITECH

Posted on February 19, 2009 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

UPDATE: Check out this post I did updating the Big Winners from the HITECH EHR Stimulus Incentive Program.

Whenever government decides to spend $20 billion, there are bound to be a lot of winners. The money has to go somewhere. I previously posted how I think that EHR adoption won’t significantly increase because of HITECH. However, there will be some BIG winners from this legislation. Lets’s take a quick look at a few of them.

  • EHR Vendors – I don’t think there’s any doubt that vendors will benefit from $18 billion of investment in EHR.  The legislation was signed yesterday, and I’ve already seen ads for Allscripts talking about learning about the EHR stimulus.  Marketers for every “certified” EHR are going to beat this stimulus like a dead horse.
  • Health Care IT Consultants (ohhh…maybe I should become one) – Business should be just fine for EHR and health care IT consultants despite the current economic crisis.  I didn’t think there were enough before.  Even a small increase in EHR adoption will mean higher demand for health care IT consultants.
  • Existing EHR Users – Despite my feeling that this stimulus won’t stimulate EHR adoption, I do think that already implemented EHR users should benefit from this EHR stimulus.  I didn’t read any “first time home buyer” provision in this legislation.  This could mean a bit of free (minus a little paperwork) cash for those who find themselves already using a certified EHR.
  • CCHIT (if they get chosen) – This is a big IF, but I believe that CCHIT’s survival hinges on them being chosen as the certification required to receive stimulus.  It would say a lot if they weren’t chosen.  Let’s hope HHS has the guts to not choose them despite the incredible lobbying efforts I’m sure they’ll receive.
  • Hospital Systems – I’m familiar with one hospital system that has over 100 multi specialty clinics with many of them using a centralized EHR.  Seems like a great investment to pay someone to make sure they meet the required standards.  100 clinics X number of doctors in a clinic X $40k = a lot of money
  • Health and Human Services (HHS) – Even just the $2 billion in discretionary funding is a huge boost to that organization.
  • Obama’s HIT Donors

Anyone else I should add to the list?