Doctors to Lose Cash on Electronic Records Even With Obama Funds
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Most doctors who install electronic medical records systems will lose money in the first five years, according to a study that suggests a multibillion-dollar effort to computerize care in the U.S. may not live up to its promise.
A survey of Massachusetts physicians indicated an initial loss of $43,743 on the investment, researchers said today in the journal Health Affairs. Almost two-thirds of the 49 practices using electronic records would lose money even with subsidies included in President Barack Obama’s stimulus package, the researchers said.