Cisco Systems, Intel Corporation, and Oracle have formed a Silicon Valley Pay-for-Performance Consortium aimed at pushing leading medical care providers in the area to adopt health information technologies.
The Silicon Valley Pay-for-Performance Consortium brings together Cisco, Intel and Oracle as well as some of the largest medical groups and IPAs in Northern California, including Camino Medical Group, Kaiser Permanente, Palo Alto Medical Foundation, San Jose Medical Group, Santa Clara County IPA, Santa Cruz Medical Foundation and Stanford Hospital and Clinics.
By establishing rewards for the use of processes and technology, the collaborative hopes to accelerate the transition to electronic health records and the use of automated decision support tools. Such tools can help doctors determine which course of therapy might be best for a particular patient given the latest science and medical and family histories.
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