Hospitals Face Added Tests to Access $14.6 Billion for Digital Health Data

General Electric Co. (GE)

Hospitals would have to show they’ve amassed the vital statistics of more than 80 percent of their patients in digital form, among other targets, to continue collecting as much as $14.6 billion in federal grants for installing electronic records technology sold by and smaller suppliers.

Awards of as much as $11.5 million are available to hospitals that demonstrate “meaningful use” of the equipment, under preliminary rules issued yesterday by the Obama administration. Doctors can apply for grants of $44,000 or $64,000, depending on whether they treat patients in Medicare, the federal health program for the elderly and disabled, or Medicaid, the program for the poor.

Read the full story: http://hcp.lv/AggPTA

Source: Bloomberg