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September 19, 2005 - 2:58 P.M.
RAND on electronic health records
- IT TOPICS:Business Intelligence, Government & Regulation, Software
As Computerworld reports, RAND estimates US savings of $81 billion per year from electronic health records, although a $346 billion figure is also mentioned.
$4 billion of that is attributed to improved safety. I don't know what figures RAND is using for the value of life these days, or what is included in safety other than life savings, but that doesn't sound like it's terribly supportive of the "tens of thousands of lives" kind of figure that Newt Gingrich and I (but not a lot of other people) have been using.
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