Institute:Office of National Coordinator (ONC) Workforce Training Curriculum
Component:Introduction to Health Care and Public Health in the U.S.
Lecture:What is Meaningful Use?
Slide content:Cost Estimate - 2 Estimated achievement of MU in ten years Low 95.6% of EHs and 36% of EPs High 100% of EHs and 70% of EPs Total cost: $9.7B (low) to $27.4B (high) Total spent actually exceeds $27.4B 28
Slide notes:CMS then made some calculations based on low and high estimated achievement of meaningful use in 10 years. Low achievement was defined to be 95.6% of eligible hospitals and 36 % of eligible professionals, with high achievement being all eligible hospitals and 70% of eligible professionals. For low achievement, the program would cost $ 9.7 billion dollars. For high achievement, it would cost $27.4 billion . T hat's where the figure of $27 billion spent on the HITECH Act over its lifetime comes from. We will see in subsequent lectures that the number has actually exceeded that figure. 28