Decision Diagnostics Corp (DECN)

[VistaViewer]

lakes, Good Find! Thanks for posting that.

That article is interesting because it appears to NOT be directly connected with the recent Health Care Reform legislation and the included financial incentives that are specified as going to the adopters of EHR, such as doctors, clinics, and hospitals.

This article says: "The funding is allotted under The American Recovery and Reinvestment Act." That is part of the, so called, Stimulus Money that was previously allocated. And in this case the money appears to be going directly to states who service Medicaid patients, unlike the Health Care Reform Act money.

So, if I am reading this correctly, this is a completely new government sponsored initiative to push EHR out into the mainstream. As far as I can tell most hospitals and clinics are doing pretty well, whereas most states are in deep financial trouble. So in my opinion, this is a very good idea.

This should accelerate the EHR adoption process. The article says: "...states plan to use the funding to analyze healthcare IT activities." That funds the initial planning phase. And I think we will soon see more grants to more states, primarily those who have larger Medicaid patient populations. I am thinking California and Florida may be on the next list.

Good Luck to All Longs!

VV