If you haven’t had the chance to review the Stimulus Bill, you may want to take some time to do your own homework. My suggestion is to review several news sources. Each one I read pulls out another nugget of information that I did not get from the previous one. A good place to start, and the shocker for me, is this six page and over 300 line item entry report of the classification, industry/government branch, description and cost in millions of taxpayer dollars.
In the mobile technology industry that is serving businesses, we take pride in bringing efficiencies to almost every conceivable process. Government is a services business, and in almost every department the inefficiences are glaring. Government is getting bigger and with a recessionary economy, government and business will need to strive to become more efficient and make the most of every dollar.
My desire is to highlight and enlist your comments on the impact of the Stimulus Bill on a variety of industries. A good place to start is the industry with the highest GDP. Healthcare is approaching 18% of our national consumption/output. This is a $2,500,000,000,000 industry supported by trillions of dollars in state and federal spending. Where does mobility have a positive effect on your tax dollars being put to work?
The first healthcare stimulus program that can be impacted is the $1,100,000,000 in funding for research that compares medical treatment and services. Our customers have programs in Canada where processes in the operating room are monitored and compared using mobile technology. This information streamlines diagnosis, treatment and rehabilitation for the patient by identifying best practices. There are real savings to the system.
The second healthcare related stimulus which caught my attention is the $18,000,000,000 Healthcare Information Technology line item. This is an effort to digitize medical records and ‘create billions of dollars in savings’ to an inefficient system. As those in the wireless industry know, what you digitize will be ‘mobilized’, as the value of that information getting to doctors, nurses and other practitioners who are away from the office will be a necessity.
I was at a local convenience store today and noticed a delivery man standing with the store manager, looking at a little black box, about half the size of a desktop keyboard. All of the sudden, two pieces of paper pop out of it, the manager signs it as if he was closing the tab at a restaurant.
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