Health Data Management June 30, 2017
Irv Lichtenwald

Would you pay top dollar for anything—a car, phone, television, whatever—that promises truly transformational technology at some unspecified future date?

I doubt you would. We generally buy products for what they offer now, not what the company says they will eventually do (vaporware, as IT calls it).

And yet, so many hospitals pay multi-billions of dollars for healthcare IT systems that promise to integrate patient care … eventually. Why? Some argue the primary reason is a false market that was created by federal government incentives and boundless faith.

“Thus the Promise of Technology was born with a silver spoon in its mouth,” wrote healthcare IT consultant Margalit Gur-Arie back when Meaningful Use was white hot, “and was immediately and extensively...