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US Government to release $1.2 B in electronic medical record funding
Even with Congress in the middle of its annual summer recess, healthcare news continues to come out of Washington. Vice President Joe Biden announced yesterday that, effective October 1, $1.2 billion in stimulus funds will become available for the implementation of electronic medical records in hospitals and clinics across the US. “Implementation” can include anything from upgrading old systems to creating regional networks and training providers on the new technology. Companies in the medical tech sector take note – this portion of the American Recovery and Reinvestment Act should create plenty of funding opportunities across the board.
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