Medical Xpress February 17, 2025
Julie Greco, Cornell University

New ILR School-led research offers a comprehensive overview of the role of health information technology (IT) in the financialization of the health care industry—the extent to which Silicon Valley and Wall Street investors have profited on health IT systems that have often failed to deliver promised gains.

While these systems promised increased efficiency and reduced costs, the evidence suggests that these benefits have been elusive. Instead, health IT systems have frustrated —leading to burnout and high quit rates—while hospitals and physician practices have spent millions retrofitting or upgrading flawed systems.

Rosemary Batt ’73, the Alice H. Cook Professor of Women and Work, is lead author of the two-part report, “Financialization through Health IT,” released Feb. 13 by the Center...

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