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SPOTLIGHT: GE to help offset costs of EHRs, IT

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Electronic Medical Records (EMRs)

On Monday, General Electric announced that it will offer hospitals and physicians no-interest loans to help them purchase electronic medical record systems until government incentives to purchase the systems become available. The program will provide upfront capital for doctors and hospitals that were worried or uncertain about making such a purchase. However, the government has yet to establish definitive technology standards for the EMR systems. Article

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Have they not learned a lesson from their recent debacles and failed forays into uncharted areas? Why fund something that is bound to fail? Looks like Jack Welch is getting warm and fuzzy with the new found attention and has become a tad confused in his old age!

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