The gold rush in Health Information Technology (HIT) appears to be winding down. Mercom Capital Group, LLC, reported that venture funding in HIT dropped 35 percent in the first quarter to just $785 million. Well, no trend lasts forever. Still, I have to wonder if investors aren’t getting a little concerned about putting so much capital into a space so dominated by government.

The Office of the National Coordinator of Health Information Technology (ONC), which has an overly ambitious 10-year strategic plan that needs to be rolled back, has pretty much confessed that the $30 billion taxpayers’ dollars spent on Electronic Health Records (EHRs) has been wasted. Continue reading Health IT Juggernaut is Stumbling →