ARRA stands for the American Recovery and Reinvestment Act of 2009. Also commonly referred to as the “stimulus plan,” ARRA was signed into law by President Obama on February 17, 2009. The Act plans to invest $59 billion in health care initiatives, including $19 billion in healthcare information technology (HITECH).
What does ARRA mean to you?
Under the HITECH provisions in ARRA, eligible providers and eligible hospitals can qualify for financial incentives if they can demonstrate “meaningful use” of an electronic health record by 2011.
What has President Obama said about ARRA?
President Obama had this to say about his administration’s plan to invest in healthcare information technology:
"When everything is digitalized, all your records - your privacy is protected, but all your records on a digital form - that reduces medical errors. It means that nurses don't have to read the scrawl of doctors when they are trying to figure out what treatments to apply. That saves lives; that saves money; and it will still ensure privacy."
ARRA Policy Information: