Mitch Wagner reports:
While electronic medical records promise massive opportunities for patient health benefits and reductions in administrative costs, the privacy and security risks are equally huge.
The Obama administration has set an ambitious goal–to get electronic medical records on file for every American by 2014. The administration is offering powerful incentives: $20 billion in stimulus funds as per the American Recovery and Reinvestment Act (ARRA) of 2009, and stiff Medicare penalties for healthcare providers that fail to implement EMRs after 2014.
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