Obama Administration Announces First Wave of Health-Care Grants

The Washington Post: The Obama administration unveiled $1.2 billion in federal grants for electronic health-records systems on Thursday, the first wave of funding under a health-care reform plan to create vast records-sharing networks aimed at cutting costs and improving care in the coming decade.

The administration has described such computer systems as a crucial step in overhauling the nation's increasingly expensive health-care system. It allocated more than $36 billion in the landmark stimulus legislation -- including the funding announced Thursday -- to spur adoption of the equipment by doctors and hospitals, along with the development of the networks that will link them all together. Read Article

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