Vice President Joe Biden unveiled a new report showing that more than $20 billion dollars of investments in Health IT are making strides in improving patient care and reducing medical errors.

“Approximately $2 billion is being spent largely to support ready hospitals, providers, states and other parties to adopt health IT," the report states. "The remaining funds will be used to incentivize physicians and providers to adopt health IT in 2011 and beyond.”

From Modern Healthcare: Broadband also allows for round-the-clock remote monitoring via wireless aids such as digital cameras and text messaging and telemonitoring services. The Veterans Affairs Department, for example, "has dramatically decreased unnecessary hospitalizations through a wide-ranging effort to help veterans manage chronic conditions at home" by using remote

Read more here and read the White House report here (PDF).