Reference no: EM131379150
Heatlh care finance
Complete a comparative data analysis to determine the technology company that will provide the most efficient and effective services for the following items:
• Hardware and software
• Regular and ongoing maintenance
• Training and education
Scenario:
Both J. P. Technologies, Inc. and IT U.S.A., Inc. have provided a 1-year package that includes the hardware and software, maintenance and training, and education to assist the Pacific Ocean Hospital in its transition from ICD-9 to ICD-10.
A detailed proposal listing all items included in the package has been provided to the project lead. Both companies' proposals include a 2% increase for maintenance, training, and education at year 2 and a 1% decrease at year 3. A standard fee of $500,000 for hardware and software has been negotiated for year 2 and a 50% decrease at year 3 to equal $250,000 for both companies. A decision will be made based upon the projected costs savings at the end of year 3. Choose which option is best, and explain your decision.
Based upon the data provided within the spreadsheet, complete the following, and provide a 50-100 word summary detailing your findings.
• Perform the common sizing technique (convert the dollars to percentages).
• Perform a trend analysis for years 1-3. This information will be used to provide a response to the Discussion Board.
|
J. P. Technologies, Inc.
|
|
|
IT U.S.A., Inc.
|
|
Year 1 End
|
%
|
Year 2 End
|
%
|
Year 3 End
|
%
|
|
Year 1 End
|
%
|
Year 2 End
|
%
|
Year 3 End
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Hardware and software
|
$4,586,700
|
|
$500,000
|
|
$250,000
|
|
|
$3,786,500
|
|
$500,000
|
|
$250,000
|
|
Regular and ongoing maintenance
|
$2,600,000
|
|
|
|
$0
|
|
|
$2,439,687
|
|
|
|
$0
|
|
Training and Education
|
$1,387,567
|
|
|
|
$0
|
|
|
$1,935,000
|
|
|
|
$0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
$8,574,267
|
|
|
|
$250,000
|
|
|
$8,161,187
|
|
|
|
$250,000
|
|
There will be many technological changes that result from the upcoming transition of ICD-9 to ICD-10.
• As the manager of the HIM department at Pacific Ocean Hospital and assigned lead in the transition of ICD-9 to ICD-10, what will your role be in ensuring your company's transition is efficient and effective?
Following implementation of ICD-10 software, you identify that some of the ICD-9 codes still remain in the system; coders and clinicians are unable to provide the proper codes on the encounter forms.
• As the HIM manager, how will you approach this issue?
The judgment was for whom and why
: Castle claimed it was not chargeable with the action of its employee because the employee had disobeyed specific instructions not to send the memorandum. The judgment was for whom and why?
|
What was your rate of return for the three-year period
: The coupon rate was 6.5 percent with interest paid semiannually. Today, you sold that bond for $1,089.54. What was your rate of return for the 3-year period, or holding period yield, on this investment?
|
How did the court find in the dispute
: LePage disputed this claim, arguing that the facts did not warrant a finding of agency under any theory. How did the court find in this dispute? Why?
|
Firms in monopolistic competition can acquire market power
: Firms in monopolistic competition can acquire some market power by: Which school of thought calls for more information from government policymakers so that consumers can make more rational economic decisions?
|
Perform the common sizing technique
: Perform the common sizing technique (convert the dollars to percentages). Perform a trend analysis for years 1-3. This information will be used to provide a response to the Discussion Board.
|
Make a scatterplot and describe the association
: Why would you not want to talk about the correlation between a planet's Position and Distance from the sun?
|
How would the court rule
: Savant could not be located, so Pierce brought suit against Chapman and Super. Chapman argued that the newspaper notice was sufficient to warn Pierce not to deal with Savant. How would the court rule? Explain.
|
Were turners actions outside the scope of his employment
: The state concluded, the court should dismiss Elliot's claim against it. Were Turner's actions outside the scope of his employment as a prison guard? Explain.
|
Find the correlation of flights with year
: Note two reasons that the correlation you found in part a is not a suitable summary of the strength of the association. Can you account for these violations of the conditions?
|