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The Dubious Promise of Digital Medicine

April 29, 2009
by Chad Terhune, Keith Epstein and Catherine Arnst
Senior Writer, Correspondent and Senior Witer

Chad Terhune, Keith Epstein and Catherine Arnst

Neal Patterson likens the current scramble in health information technology to the 19th century land rush that opened his native Oklahoma to homesteaders. Cerner (CERN), the large medical vendor Patterson heads, is jockeying for new business spurred by a $19.6 billion federal initiative to computerize a health system buried in paper. “It’s a beautiful opportunity for us,” the CEO says.

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