ORHub, Inc. (ORHB) HITECH SaaS Platform Set to Transform Operating Rooms to Value-based Model
In 2009, the Health Information Technology for Economic and Clinical Health Act (HITECH) provided $19 billion to increase the use of Electronic Health Records (EHR) by physicians and hospitals. A big chunk of that was to be spent by the Centers for Medicare & Medicaid Services (CMS), through which about 30 percent of national health expenditure passes. The CMS administers the reimbursement programs not only for Medicare and Medicaid but for the Children’s Health Insurance Program (CHIP) and the Health Insurance Marketplace. It is also in the forefront of the drive to shift U.S. health care from a fee-for-service model…