The document discusses the potential for health information technology (HIT) to help address problems in the US healthcare system related to cost, quality, and access. It outlines some of the key components of HIT including electronic health records (EHRs), health information exchange (HIE), and clinical decision support (CDS). The speaker argues that while HIT shows promise in improving efficiency and quality of care, significant barriers like lack of interoperability and financial incentives have prevented more widespread adoption. Recent studies and government programs like the HITECH Act aim to accelerate adoption of HIT nationwide.