The Obama administration is hoping to increase funding in Fiscal Year 2017 for its ongoing Precision Medicine Initiative and to jump-start a recently announced Cancer “Moonshot” effort— both of which will need significant congressional funding to leverage large patient datasets, sophisticated health IT, and advanced computing and analytics capabilities.
The FY17 budget request sent to Congress this week is also seeking a substantial increase in funding for the Office of the National Coordinator for Health IT, as that agency aims to improve interoperability in support of value-based payment and delivery system reform. However, increases in spending seem unlikely to pass muster with lawmakers, particularly with the Republican party controlling both houses of Congress, and President Obama in the last year of his presidency.
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