Establishes a loan program for certain health care facilities to purchase and implement electronic health record systems.
The bill establishes a loan program for specific health care facilities to purchase and implement electronic health record systems. These facilities include nursing, continuing care, assisted living, and mental health facilities, but exclude abortion providers and diagnostic centers. Loans bear an interest rate not exceeding one percent and have a term not exceeding 10 years. Loan amounts can cover up to 80% of the cost for certain facilities and 50% for others.
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