ObamaCare will go down as the worst piece of legislation in US history.
From Judicial Watch:
In a classic example of how government blows through your tax dollars, billions have been squandered on a faulty electronic medical records system that operates with no oversight and continues receiving big wads of cash from Uncle Sam.
It gets better; by the time it’s all said and done—in about four more years according to government estimates—American taxpayers will have been fleeced $6.6 billion! It’s all part of the Obama Administration’s hostile takeover of the nation’s healthcare system. The idea behind this plan is to switch medical records from paper to digital to create a centralized system that supposedly improves the quality of health care.
The overhaul won’t come cheap and the government is offering hospitals and doctors billions to switch to electronic medical records. The money has come largely from President Obama’s fraud-infested $787 billion stimulus which was supposed to jump start the economy and put Americans back to work. Instead the economy is a disaster as the nation suffers through a staggering $16 trillion (and growing) deficit and unemployment is at record highs.
This has not affected the cash flow to government programs, however. In this case the Centers for Medicare and Medicaid Services (CMS) is the agency that cuts the checks to healthcare providers that agree to switch to electronic records. So far CMS has doled out $3.6 billion to 74,317 medical providers, but the agency doesn’t bother following up to assure the money is appropriately spent. In fact, CMS fails to verify if providers are meeting the required quality goals, according to a federal audit released this week.