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Feb.
20 - Health Information Technology Experts Say National Standardized
Electronic Health Record System Could Save U.S. Millions of Dollars,
Prevent Errors Such a system would include electronic prescribing,
electronic health records and billing, and integrated communication
between health care providers and health insurers. During the hearing, experts did not indicate the cost of implementation of a national health care IT system but "maintained that the cost would be worth the investment as it would pay off in spades over time," CongressDaily reports. Mary Grealy, president of the Health Care Leadership Council, said that the implementation of such a system would reduce medical errors, which cost about $76 billion annually. According to Sen. Sheldon Whitehouse (D-R.I.), RAND has estimated that the health care industry could save between $81 billion and $346 billion annually through the implementation of such a system. Committee Chair Kent Conrad (D-N.D.) said, "If we are going to address rising health care costs, we need to get started on some of these reforms." Concerns Grealy added, "Developing a multistate, interoperable system depends on national technical standards as well as national uniform standards for confidentiality and security." Source: Kaiser Network
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