Analyze vendors in the marketplace and the hit products

Assignment Help Other Subject
Reference no: EM131740531

Assignment: Choosing an HIT Vendor Solution

It is very typical for leaders and their staffs to explore market capabilities when it comes to looking for viable and feasible partners who provide health technology solutions.

When examining vendor products, be they software, hardware, or other technologies, it is important to examine not only the vendor sales literature but also objective industry analysis as well.

This process is collaborative and has many dimensions that include looking at the technical, financial, and functional aspects of technology solutions.

As a health care administrator you will collaborate with other leaders such as CIOs, operations managers, CFOs, and CMOs in the analysis of Health Information Technology (HIT) vendor software solutions.

Keeping in mind both the tactical problems that your organization is facing and your organization's overall strategic direction, you will analyze vendors in the marketplace and the HIT products that they sell.

For this two-part Assignment, analyze vendors who compete in the HIT software marketplace using the Independent Physician Office Ambulatory EMR Scenario in your Learning Resources.

After assessing the capabilities and limitations of at least three possible vendor solutions, for Part 2, you will make a recommendation to your leadership team colleagues on which one or two vendors you would feel most comfortable progressing toward the next steps of system acquisition.

Keep in mind that choosing two solutions allows the organization to have potential leverage in negotiations. If your recommendation is one vendor, how do you justify this recommendation?

To Prepare for this Assignment:

Review the Independent Physician Office Scenario in your Learning Resources.

The Assignment-Part 1: Compare and contrast the strengths, weaknesses, opportunities, and threats (SWOT) of three vendors offering an ambulatory Electronic Health Record to independent physician practices.

Construct a table that summarizes your SWOT analysis with an accompanying reference page listing any external resources used in your analysis. Comparisons should include quantitative/evidence-based information as well as qualitative.

Note: The following table is an example of what to construct for Part 1.
Vendor: (Consider Functional, Technical, Operational, and Strategic for each element of the SWOT)ABCStrengths Weaknesses Opportunities Threats

The Assignment-Part 2: Write a 2-page executive summary outlining the one or two IT vendors that you recommend engaging for further acquisition activities such as stakeholder demos and request for proposals. The executive summary should be addressed to the members of your fellow executive leadership team.

Be sure to clearly outline the strategic, operational, technical (IT) requirements, and market reasons for your recommendation. If you are recommending one vendor, justify your strategy to handle the organizations' anticipated loss in negotiating leverage.

Note: You should submit both parts as one document, with Part 1 being an appendix to your executive summary. Your Assignment should show effective application of triangulation of content and resources to show your conclusion and recommendations. See the Week 2 Assignment Rubric for additional requirements related to research and professional writing.tion

It is very typical for leaders and their staffs to explore market capabilities when it comes to looking for viable and feasible partners who provide health technology solutions. When examining vendor products, be they software, hardware, or other technologies, it is important to examine not only the vendor sales literature but also objective industry analysis as well. This process is collaborative and has many dimensions that include looking at the technical, financial, and functional aspects of technology solutions.

As a health care administrator you will collaborate with other leaders such as CIOs, operations managers, CFOs, and CMOs in the analysis of Health Information Technology (HIT) vendor software solutions. Keeping in mind both the tactical problems that your organization is facing and your organization's overall strategic direction, you will analyze vendors in the marketplace and the HIT products that they sell.

For this two-part Assignment, analyze vendors who compete in the HIT software marketplace using the Independent Physician Office Ambulatory EMR Scenario in your Learning Resources.

After assessing the capabilities and limitations of at least three possible vendor solutions, for Part 2, you will make a recommendation to your leadership team colleagues on which one or two vendors you would feel most comfortable progressing toward the next steps of system acquisition.

Keep in mind that choosing two solutions allows the organization to have potential leverage in negotiations. If your recommendation is one vendor, how do you justify this recommendation?

To Prepare for this Assignment:

Review the Independent Physician Office Scenario in your Learning

The Assignment-Part 1: Compare and contrast the strengths, weaknesses, opportunities, and threats (SWOT) of three vendors offering an ambulatory Electronic Health Record to independent physician practices.

Construct a table that summarizes your SWOT analysis with an accompanying reference page listing any external resources used in your analysis. Comparisons should include quantitative/evidence-based information as well as qualitative.

Note: The following table is an example of what to construct for Part 1.

Vendor: (Consider Functional, Technical, Operational, and Strategic for each element of the SWOT)ABCStrengths Weaknesses Opportunities Threats

The Assignment-Part 2: Write a 2-page executive summary outlining the one or two IT vendors that you recommend engaging for further acquisition activities such as stakeholder demos and request for proposals.

The executive summary should be addressed to the members of your fellow executive leadership team.

Be sure to clearly outline the strategic, operational, technical (IT) requirements, and market reasons for your recommendation. If you are recommending one vendor, justify your strategy to handle the organizations' anticipated loss in negotiating leverage.

Note: You should submit both parts as one document, with Part 1 being an appendix to your executive summary.

Your Assignment should show effective application of triangulation of content and resources to show your conclusion and recommendations.

Reference no: EM131740531

Questions Cloud

Volatility of the prepaid forward price of the stock : The continuously compounded risk-free rate is 5% and the volatility of the prepaid forward price of the stock is 30%.
Explain with examples how the cost of capital is determined : Explain with examples how the cost of capital is determined. Explain why the costs and risks of external financing are important for the organization?
Social networking site or going online for information : 1. How much privacy should people expect when using a social networking site or going online for information, shopping or other task?
Business to know their break-even point : 1. Why is it important for a business to know their break-even point? Cite an example and support your answer with your rationale.
Analyze vendors in the marketplace and the hit products : This process is collaborative and has many dimensions that include looking at the technical, financial, and functional aspects of technology solutions.
What year produced the most pounds of fish : What year had the highest total revenue for Atlantic Cod? What was the amount of the revenue - What year produced the most pounds of fish? What was the amount
Discuss the strategies the company utilizes to get product : Discuss the strategies this company utilizes to get their product(s) distributed internationally and how they address risks and meet business demands.
Discuss about the harassment of oncale : SCALIA,J: In late October 1991, Joseph Oncale was working for respondent Sundowner Offshore Services on a Chevron U.S.A., Inc., oil platform in the Gulf.
What market structure do you think best describes : What market structure do you think best describes this industry nationwide? Is this a monopoly, oligopoly, monopolistic competition, or perfect competition?

Reviews

Write a Review

Other Subject Questions & Answers

  Mistaken for someone else deeds

1) Which killer was mistaken for someone else's deeds? 2) Presumable, what does "The Daytona Beach Killer' do? 3) Who killed the most?

  Find and critique the magazine geared toward adolescents

locate and critique a magazine geared toward adolescents. answer and elaborate upon the following questionsnbspdoes the

  Explain why you would use the tools you chose

Which of the core quality management tools will you use to analyze the problem? Explain why you would use the tools you chose. Is there other data you want as you work on this problem? Why do you require other data?

  How federal emergency management agency adopted an all-hands

Address how the Federal Emergency Management Agency (FEMA) adopted an "all-hands" approach to evaluating, planning, assisting, and recovering from terrorist attacks.

  Medical ethicists

Do you think all pregnant women should be tested for HIV? Medical ethicists have made strong arguments both for and against testing. How would you explain your opinion to someone who disagreed with you?

  Finding an academic or scholarly article

Search the online library and find an academic or scholarly article about one of the concepts covered in this learning plan

  Task - develop a project charter

MGT210 Project Management TASK 2 - Project Case Study Option 1. Preliminary Task - develop a Project Charter

  Describe the perspectives of rogers

Describe the perspectives of Rogers and of Witmer and/or Gilbreth in the articles re: psychologist's roles, focusing primarily on details that will be part of your discussionof their similarities and/or differences

  Identical alleles for a particular trait

What do we call the term used to refer to an organism that has two identical alleles for a particular trait?

  Write down a 150- to 300-word summary of the economic

complete the following using the mysoclab social explorer map income inequality by race located on the student website

  What role do motor endings play in relation to muscle cells

What role do motor endings play in relation to muscle cells? How do the sensory receptors work with motor endings to create the peripheral nervous system (PNS)

  Discuss the positions presented by thomas hobbes

Discuss the positions presented by Thomas Hobbes and John Locke regarding the governing of England. Contrast the positions of their publications, and include the name of at least one publication from each man.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd