Your Next Economic Development Opportunity
May be in the Clouds!
The Affordable Care Act is an ambitious attempt to reform the entire healthcare
industry, with its
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According to the Bureau of Labor Statistics, the healthcare industry employs over 17 million people
across the country. Between 2008 and 2018 healthcare will generate 3.2 million new wage and salary
jobs....more than any other industry.
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implementation taking place over time. Currently the law is to be gradually enforced beginning in
2010 and taking full effect in 2015. Starting in March of 2012 the reform will begin to require
changes in the way that doctors collect data about their patients, culminating in the required use of
an electronic health record system (EHRs). The implementation and maintenance of EHRs is likely to
create high paying, stable jobs. The EHRs represent a unique economic development opportunity for
communities to grow their healthcare and Information Technology (IT) industries.
The government will provide a large portion of the money needed to implement EHRs, offering a
maximum of $107,000 to individual doctor offices, with hospitals eligible for millions of dollars. The
Affordable Care Act will begin requiring doctors to document specific information about their patients
for data mining. The theory is that by understanding the current health disparities between races,
ethnic groups, socioeconomic status and geographic regions will lead to better healthcare for
everyone.
The Opportunities…
Almost all EHRs will be one of two different types: web-based or client server.
Web-based programs store client’s information on an off site server. Client server EHRs are stored on
a local server within the doctor’s office. Web-based EHRs, using cloud-computing technology,
would allow doctors and hospitals to view approved data for any patient from any other doctor across
the nation. Patients will have control over whom they share their records with and will be able to
instantly add any doctor that they choose. This access will allow doctors to see the complete history
of their patient, even if the patient is new. Both systems have many infrastructure needs that will
necessitate the hiring of new personnel to develop and maintain these systems. Each EHRs data center
will require specialized construction, redundant power sources, cooling and security. This could
include modification of an existing building or construction of a new building to house and run the
data center. The nationally implemented EHRs system will require multiple large data centers to house
all of the information.
The Jobs…
The government estimates that 212,000 jobs will be created by universally
implementing EHRs. Most of these jobs will be focused on implementation, maintenance, development
and security, and will require some form of IT education and training. Currently there is a shortage
of qualified IT professionals to fill the positions needed today by current EHRs. As implementation
of the national program begins to take effect, the shortage of IT professionals will only worsen.
Communities and economic development organizations have the opportunity to expand their local
healthcare and IT industries, but will need to work with their higher education institutions and local
schools to ensure that they adapt and offer curriculum focused on this technology.
Choosing ESI Corporation means leveraging the proven
expertise of recognized industry leaders in the areas of economic development strategic planning,
market analysis-feasibility, and detailed fiscal and economic impact analysis across both public and
private sectors. For more information please contact us directly at 602-265-6120.
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