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The Washington Post reported the inclusion of "as much as $36.5 billion in spending to create a nationwide network of electronic health records." [2] At the time it was enacted, it was considered "the most important piece of health care legislation to be passed in the last 20 to 30 years" [3] and the "foundation for health care reform." [3] [4]
Health information management's standards history is dated back to the introduction of the American Health Information Management Association, founded in 1928 "when the American College of Surgeons established the Association of Record Librarians of North America (ARLNA) to 'elevate the standards of clinical records in hospitals and other medical institutions.'" [3]
Health information technology (HIT) is "the application of information processing involving both computer hardware and software that deals with the storage, retrieval, sharing, and use of health care information, health data, and knowledge for communication and decision making". [8]
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For married couples, the at-home spouse who will not receive nursing care often can keep up to $148,620 in assets in 2023. If you need help planning for these potential expenses in the future ...
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For scale, cutting administrative costs to peer country levels would represent roughly one-third to half the gap. A 2009 study from Price Waterhouse Coopers estimated $210 billion in savings from unnecessary billing and administrative costs, a figure that would be considerably higher in 2015 dollars. [50] Cost variation across hospital regions.
Additionally, an analysis of changes in mortality post Medicaid expansion suggests that Medicaid saves lives at a relatively more cost effective rate of a societal cost of $327,000 to $867,000 (equivalent to $415,143 to $1.1 million in 2023 [31]) per life saved compared to other public policies which cost an average of $7.6 million (equivalent ...