Foreshadowing the new health IT provisions in ObamaCare, the funding system for electronic medical records in Obama’s $862 billion stimulus bill are frustrating medical providers, “offer[ing] a cautionary tale of what could happen when good intentions meet the reality of America’s fragmented health care system.”

Medical device manufacturers say they would have to lay off workers and curb the research and development of new medical tools as a result of ObamaCare’s 2.3 percent tax on medical devices — a tax which would cost these companies an estimated $20 billion over the next decade.

We’re about to enter a new age of chronic under-reimbursed care.

Firms say Obamacare’s tax on medical devices, which would begin in 2013, would cost jobs and reduce innovation.