Healthcare Business News

Foundation report asks Congress to up HIT spending

By Jean DerGurahian
Posted: January 8, 2009 - 12:01 am ET

Health information technology proponents are asking for the federal government to increase IT spending as the next administration says it plans to boost the health technology budget.

The Information Technology & Innovation Foundation submitted a report to Congress detailing how a $30 billion investment in technology infrastructure would stimulate growth in jobs and productivity in healthcare. “Economic stimulus measures that go to consumption, as opposed to investment, will have a less beneficial impact on productivity and innovation than infrastructure investments,” the foundation wrote in its report, The Digital Road to Recovery: A Stimulus Plan to Create Jobs, Boost Productivity and Revitalize America.

The foundation recommends spending $10 billion each in broadband networks, health IT such as electronic health records and a “smart” power grid that uses advanced metering technology to manage the nation’s energy system. That spending would lead to a total of 949,000 new jobs, the report estimates.

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