Thursday, February 01, 2007

Medicare - Senate Budget Committee - January 30,2007

Dr. Robert Reischauer (Urban Institute and former chief of the CBO) and colleagues presented details of the implications of the current Medicare Budget. Sen Conrad opened with a statement quoting the Chairman of the Federal Reserve.

Buried within the discussion was a heightened degree of skepticism about the economic value of information technology. To this reader there was no sense of discouraging health IT, just an added emphasis on the importance of doing it right and that the purported economic benefits might not be as great as claimed - and certainly not sufficient to "solve" any of these problems.