Wall Street Journal, November 29, 2006, page B1
"Intel, Wal-Mart, BP and others will disclose a plan to provide digital health records to their employees and store them in a multimillion dollar data warehouse linking hospitals, doctors, and pharmacies. Their goal: to cut costs by having customers coordinate their own health care among doctors and hospitals...
...Next week, the companies will announce their collaboration on a records standard to kickstart the plan. Later, about 10 employers are expected to chip in $1.5 million each to construct a data warehouse to store and update the e-records. Once in place, the combination would allow consumers and insurers to evaluate price and performance data from millions of employees. Eliminating duplicate tests and erroneous or lost information would also slash administrative overhead, which is estimated to account for 40% of medical costs. And electronic prescriptions alone could help prevent the 98,000 serious illnesses or deaths that result annually from prescription mistakes.
Doctors could also use the records to measure which treatments work best for chronically ill groups of patients. In addition, once the records are online, employees could order prescriptions and calculate their out-of-pocket medical costs using software that understands their health plans."