IBM’s Watson AI Targets Healthcare
The role of information technologies in U.S. healthcare expanded dramatically after The Health Information Technology for Economic and Clinical Health Act (HITECH) was signed into law on February 17, 2009 as part of the American Recovery and Reinvestment Act of 2009 (ARRA). While the discussions about Obamacare linger on, the regulations and structural reforms outlined in HITECH have transformed the healthcare industry.
Healthcare IT and the American Recovery and Reinvestment Act of 2009
Within weeks of his inauguration, President Obama signed the American Recovery and Reinvestment Act of 2009, abbreviated ARRA, as part of a $787 billion stimulus package to help revive the ailing economy.[1] The nation was teetering on the edge of economic ruin brought on by the repercussions of a highly leveraged global securitization and credit default scheme that had collapsed with the inflated housing market.