Monday, May 4, 2009
Recession Causing Hospital IT Funding to Drop
We've been talking about the struggling economy for a long time now. Every industry is being affected -- automotive, finance, banking, airlines, retail, blah, blah, blah. Healthcare was initially thought to be somewhat immune, but as we see here in Michigan, as people lose their jobs, hence lose their health insurance, there is less money coming into hospitals just like every thing else. This report from the AHA discusses not only how IT has been cut, but that 90% of hospitals are making cutbacks overall.