Obamacare IT: Disaster, Opportunity, or Both?
Obamacare is more than a mandate that everyone buy insurance now that they can't be denied for pre-existing conditions. It's full of attempts to rein in long-term health-care spending by bending the cost curve. One such strategy is increasing the use of health-care IT.
For example, hospital adoption of electronic health records, or EHRs, was under 10% back in 2008, and now it's closing in on 50% at an accelerating clip. However those with a comprehensive EHR solution are still under 20%.
In this video, health-care analyst David Williamson discusses how Obamacare's HITECH Act is creating interesting developments in the marketplace, as well as potential investment opportunities to take advantage of this technological revolution.
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The article Obamacare IT: Disaster, Opportunity, or Both? originally appeared on Fool.com.
David Williamson has no position in any stocks mentioned. Follow David on Twitter: @MotleyDavid.The Motley Fool recommends Athenahealth and McKesson. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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