Switch To Electronic Health Records Not Yielding Financial Benefits For Some Providers
Economists are divided on how the rise in technology will impact industries like health care. Meanwhile, Mazor Robotics and Medtronic strike a deal for the development of robotic-based spine systems.
The New York Times:
Why The Economic Payoff From Technology Is So Elusive
For several years, economists have asked why ... technical wizardry seems to be having so little impact on the economy. The issue surfaced again recently, when the government reported disappointingly slow growth and continuing stagnation in productivity. The rate of productivity growth from 2011 to 2015 was the slowest since the five-year period ending in 1982. One place to look at this disconnect is in the doctor’s office. Dr. Peter Sutherland, a family physician in Tennessee, made the shift to computerized patient records from paper in the last few years. There are benefits to using electronic health records, Dr. Sutherland says, but grappling with the software and new reporting requirements has slowed him down. He sees fewer patients, and his income has slipped. (Lohr, 6/5)
Mazor Robotics Inks Deal With Medtronic
Mazor Robotics, which has its U.S. headquarters in downtown Orlando, has entered commercial and equity agreements with Medtronic, a global leader in medical technology. (Miller 6/5)