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“Parente offers a clear, market-oriented alternative to the current centralized health-IT procurement approach, which is supplemented with insufficient bribes and penalties to achieve private-sector compliance with interoperability standards. He concludes that this more practical “back to the future” path to harnessing health information in real time can deliver
long-overdue dividends in medical-fraud control, insurance-coverage administration and underwriting, and improved health care quality.”

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