Health Data Management has an article about a Bill that calls for $4 billion in health care IT spending over 5 years: ‘Bipartisan legislation introduced in the Senate on June 13 would authorize $4.05 billion in grants to providers over five years to adopt interoperable information technology.
Senate Bill 1227, from Sens. Debbie Stabenow (D-Mich.) and Olympia Snowe (R-Maine), also would authorize Medicare incentive payments to offset the cost of I.T., and enable providers to deduct I.T. investments from federal taxes.
Under the legislation, providers could apply for grants not to exceed $1 million for a hospital; $200,000 for a skilled nursing facility; $150,000 for a federally qualified health center; $75,000 for a community mental health center; $15,000 per physician for a group practice; and $15,000 for an individual physician…’