White House Earmarks Big Money for HIT.
Thursday, February 18th, 2010
Do You Know How Your Organization Can Get a Piece of the Pie?
On Friday, Feb. 12, the White House announced nearly $1 billion in American Recovery and Reinvestment Act funds designated for healthcare providers to use toward the implementation of health information technology (HIT) and to train thousands of workers for healthcare jobs. According to an article in HealthLeaders Media, these funds are expected to help make HIT available to more than 100,000 hospitals and primary care physicians by 2014 and to support the training of thousands of people for careers in healthcare and HIT. Of the $1 billion allocated for this initiative, $750 million is set aside in grant awards that will help enable more healthcare providers to have access to HIT and help facilitate healthcare providers’ adoption of electronic health records (EHRs).
With HIMSS 2010 right around the corner, funding will certainly be top of mind for healthcare providers looking at thousands of different HIT options. Do you know how to go about getting these funds for your organization? Do you know the types of HIT implementations that are eligible to receive these funds?
It’s somewhat ironic that so many exciting – and cost-saving – technologies are available to serve the health care industry, including advanced RFID and RTLS solutions, but in these economic times many health systems have been forced to cut technology investments. The White House announcement provides more opportunity for health care organizations to go beyond EMR implementation and look for additional HIT that will help drive efficiencies and ultimately improve patient care. Because the RFID/RTLS technology solutions that Dynamic Computer provides can greatly reduce costs, minimize risks and improve patient care, many of our prospects are eligible for these grants, but likely not aware of the guidelines.
In a past blog post we introduced our partnership with IMGrants, a funding research program offered by Ingram Micro to qualified resellers. This relationship affords us the ability to help you identify, apply for and maximize federal funds, including those that are a result of the American Reinvestment and Recovery Act, as well as state and foundation grant sources for projects. IMGrants is helping us connect healthcare providers with the money they need to improve their bottom lines and delivery of service.
Through our IMGrants partnership we can help you answer your key questions about obtaining grants and the types of HIT eligible for the more than $750 million in new grant funds. We will be at HIMSS10 (booth 2920)and encourage you to stop by to learn more about how Dynamic can help your organization through this dramatic change in the healthcare industry.