TELEMEDICINE FACTS

Healthcare Information Technology (HIT) Facts:

• According to The New York Times  a group of 13 health and information technology organizations gave the Bush administration recommendations for a road map that encourage doctors, hospitals, and insurers to invest in modern information technology. The proposed National Health Information Network (NHIN) would amount to an estimated cost of $276B over the next 10 years according to the study, but would only yield $24B in yearly savings if the communications standards were not fully open, say the researchers. The pending "3rd Party EHR Transfer Network"  technology available for license by WMC would relieve each healthcare facility of considerable HIT expense,  overhead and HIPAA Liability. It is a solution that is available now.
   

• President Bush outlined his vision for transforming health and his health IT plan in the State of the Union Address, January 20, 2004. The President’s plan states that, “innovations in electronic medical records and the secure exchange of medical information will help transform health care in America.”

  In April 2004, the President signed an executive order announcing his commitment to the promotion of health information technology, and calling for widespread adoption of interoperable electronic health records within 10 years. Even if this happens, there will remain a need for a 3rd party transfer agent to facilitate the exchange between entities.
   

• Over 80 percent of health care providers in the United States in 2005 did not have electronic health record systems. Of the systems that do exist, few are interoperable. WMC has technology that will help to change this efficiently, securely, inexpensively and in a systematic manner that will not invade the privacy of patients and/or providers.
   

• Intel Corporation has  reorganized to create five new divisions, with one focused on health care, called the Digital Health Group. This represents a major paradigm  shift  for the chip manufacturer.  The success of Intel and other HIT addresses industry-specific pain points that transverse software, hardware, and service issues that the healthcare industry faces."
   
• 34% of U.S. health centers have adopted some form of telemedicine program.
   
• Another 38% of U.S. health centers plan to provide or investigate a telemedicine program.

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