$19 Billion of Stimulus Funding Targets Healthcare Software Spending for 2010

Thu, 09/23/2010 - 6:53am
SUNNYVALE, Calif., /PRNewswire/ -- Healthmed Services Ltd. is encouraged by stimulus fund targets. The current Administration announced that $19 billion has been set aside for health-information technology spending. It has been reported hospitals could receive as much as $11 million each. Physicians may also individually receive bonuses of between $44,000 and $64,000 if they can demonstrate computerization of their medical-records.

"Digitized medical records place the healthcare industry in a position to improve the quality of patient care through healthcare professionals. This service will also support the use of modern medical applications, innovative software and new technology. Healthmed believes Virtual Vantage will transform the industry and will be supported by these stimulus funds. Healthmed also believes that their unique line of innovations, will not only revolutionize specific aspect on the Health care industry, but also position the company for a significant market share," stated CFO Dale Paisley.

You may find more information about the company and its products at


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