Stimulus Package Drives New Health IT Business Prospects in San Diego

The health IT provisions of the federal economic stimulus package are creating new business opportunities for technology firms in San Diego and elsewhere across the country, the San Diego Union-Tribune reports.

Under the stimulus package, health care providers who implement certified health IT systems will qualify for federal incentive payments. The prospect of the incentive payments is spurring many health IT firms to begin expanding their operations.

For example, the Carlsbad, Calif.-based health IT vendor Medsphere has hired 10 new workers during the past month and plans to hire up to 20 more by the end of the year.
San Diego-based CliniComp also has hired 20 new employees during the past three weeks and still has some job openings.

Health care providers in the San Diego area also are taking advantage of the stimulus law's incentive programs to invest in health IT systems.

For example, Neighborhood Healthcare in Escondido recently spent $1.2 million in stimulus grant funding to implement an eClinicalWorks electronic health record system. The health care provider aims to use the EHR system to connect and share information between its 11 facilities (Calbreath, San Diego Union-Tribune, 11/22).