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Tax deduction sought for e-medical records

SAN DIEGO, Feb. 12 (UPI) -- A member of Congress wants to provide U.S. tax incentives for doctors who purchase equipment for electronic medical records.

Rep. Phil Gingrey, R-Ga., urged support for the legislation during a speech Sunday to more than 400 physicians at the 2006 Health Information and Management Systems Society Conference in San Diego.

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"Right now, the healthcare sector is woefully behind in using technology to reduce errors," he said. "I can go to Antarctica and get cash from an ATM without a glitch, but should I fall ill during my travels, a hospital there couldn't access my medical records or know what medications I take."

Gingrey introduced the ADOPT HIT Act, HR: 4641, in December 2005, which would provide tax incentives for physicians who implement healthcare technology in their practices.

The legislation calls for an increase in the first year equipment tax deduction from $100,000 to $250,000, and increases the maximum annual total of deductible property from $400,000 to $600,000 for healthcare professionals who purchase an electronic health record system.

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