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Stimulus package earmarks money for healthcare IT and smart grid technology
March 24, 2009
By: Randi Bussin-Career Coach, Personal Branding Specialist
The American Recovery and Reinvestment Act (ARRA) recently signed into law by President Obama is going to spark growth and opportunities in the technology sector.-the winners that will gain from the large amounts of government money are Healthcare IT and Smart Grid Technology.,
The ARRA includes over $4.3 billion in spending specifically earmarked for smart-grid technology, which will enhance how electricity and alternative energy is distributed and managed. The spending slated for this sector will cover a wide range of technologies, including:
· IT and communications hardware
· Smart meters and other intelligent devices
· Applications software to operate the grid
· Software to manage the large amounts of data )meter and grid data)
· Advanced energy storage systems
· Services required to plan, integrate and deploy these technologies
Also in the ARRA is approximately $20 billion in funding for healthcare IT and incentives for doctors and hospitals that implement and use electronic medical records systems.
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