News | May 22, 2007

Health IT Put into Legislative Action

May 23, 2007 - U.S. Congressman Phil Gingrey, M.D. recently introduced H.R. 2377, the ADOPT HIT Act, a legislation that give an incentive to physicians to adopt health information technology, like electronic medical records (EMRs) and e-prescriptions.

“As a physician, I understand both the need for health IT and the barriers that exist to implementing its wide-spread use,” said Gingrey. “A recent RAND study found health IT could save the American healthcare system more than $162 billion a year. But if a doctor can’t afford it, patients can’t benefit from it. By allowing our tax code to help offset the substantial initial cost, my legislation will deliver this critical technology to physicians and patients across America.”

The ADOPT HIT Act includes provisions to: amend the Internal Revenue Code to increase the deduction allowed for the purchase of qualified health care information technology by health care professionals; more than double the first year deduction of rapid depreciation for qualified Health IT equipment from $100,000 to $250,000 and increase maximum purchase costs for qualifying equipment from $400,000 to $600,000 in any given year, allowing physicians to include other medical equipment purchases in the same year they purchase Health IT systems.

Related Content

electronic medical records
News | Electronic Medical Records (EMR) | June 15, 2017
During the first quarter of 2017, Black Book surveyed 140 chief information officers (CIOs), 159 chief financial...
News | PACS Accessories | April 25, 2017
April 25, 2017 — ImageMoverMD announced the availability of ImageMover Media, a universal, web-based solution to...
ECRI Institute, top 10 patient safety concerns, 2017 report, information technology, healthcare
News | Information Technology | March 24, 2017
Safe implementation of new technologies and therapies accompany classic patient safety challenges on ECRI Institute's “...
Logicalis Healthcare Solutions, Epic service desk, HIMSS17
News | Electronic Medical Records (EMR) | March 06, 2017
March 6, 2017 — Logicalis Healthcare Solutions announced in February a new service desk offering – Service Desk for E
HIMSS Leadership and Workforce Survey, HIMSS17, electronic medical records, EMR, health information technology
News | Electronic Medical Records (EMR) | February 21, 2017
A new study from the Healthcare Information and Management Systems Society (HIMSS), unveiled at the 2017 HIMSS...
Logicalis Healthcare Solutions, top five cybersecurity issues, CIOs, chief information officers, HIMSS17
News | Electronic Medical Records (EMR) | February 10, 2017
With the Healthcare Information and Management Systems Society’s annual meeting (HIMSS17) scheduled for Feb. 19-23 in...
Logicalis US, healthcare CIOs, enterprise imaging, value-based care, new white paper, seven tips
News | Enterprise Imaging | January 20, 2017
To help healthcare chief information officers (CIOs) examine the important role enterprise imaging plays in value-based...
AMA, American Medical Association study, EMRs, electronic medical records, physician burnout
News | Electronic Medical Records (EMR) | September 07, 2016
Technological and administrative obstacles are significantly cutting into available time for physicians to engage with...
EMR
Feature | Electronic Medical Records (EMR) | September 07, 2016 | By Erin Martin
From streamlining your workflow to maximizing your return on investment (ROI), there are numerous benefits to having...
HIE, health information exchanges, participation strategy, Binghamton University
News | Information Technology | August 18, 2016
The U.S. healthcare industry has failed to create and sustain an efficient network for storing and sharing patient...
Overlay Init