Legislation called the “American Recovery and Reinvestment Act of 2009, ” or simply the Recovery Act, was passed in February 2009 to help stimulate the economy. Much was made in the press about the money the bill would generate for states and government projects.
What are the benefits for small business and technology? Here are some links that should help clarify the legislation’s intentions. The jury is still out on how many small businesses will benefit.
What it means for small business
In general, benefits serve to improve access to credit and provide debt relief.
Source: U.S. Small Business Administration (SBA)
- Recovery Act Overview
- SBA Applauds Stimulus Bill, Planning Underway For Broadest, Quickest Small Business Impact
- 2009 Recovery Act
Source: CNNMoney.com
What it means for technology
Source: PCMAG.COM
What it means for healthcare providers
If you are a healthcare provider that participates in the Medicare and Medicaid programs, there are benefits for adopting an electronic health record (EHR) system. There are also penalties down the road if you fail to add an EHR system.
Source: Health Information Technology
