Return on investment analysis in hit planning

Assignment Help Other Subject

Reference no: EM131648516 , Length: word count:1200

Assignment: Return on Investment (ROI) Analysis in HIT Planning

Determining the (TCO) or total cost of ownership for a strategic information system investment is a critical part of the leaders' role in using technology in a transforming way. The Return on Investment Analysis depends upon reliable estimates of both the capital outlay and ongoing operational costs associated with the initiative over a period of time. This Assignment focuses on outlining both the capital and ongoing operational costs associated with a typical technology investment. You will outline the costs and, as importantly, the assumptions that you used in deriving these financial estimates.

To prepare:

Review the Pro Forma Explanation Material and HIT Program Pro Forma Template in the Learning Resources.

The Assignment:

Write a 2-page APA style paper, addressing the following elements for the scenario that you chose in Week 3. This will also be the scenario used to complete your Final Project. For this Assignment, address the financial element of the project Charter used to plan the acquisition of an HIT solution for the setting of choice. The financial analysis has two parts:

Using the HIT Pro Forma Template provided in your Learning resources, complete the anticipated capital and operating costs of the HIT solution that you are proposing in the Week 3 Assignment.

Justify the assumptions that you used in your proforma.
Submit the entire project Charter inclusive of Week 3's materials and Week 4's HIT Pro Forma Template and assumptions paper.

Attachment:- ProFormaTemplate.rar

Reference no: EM131648516

Questions Cloud

Discuss nurses attitudes toward ebp : You are interested in nurses' attitudes toward EBP. Which method do you think would work best to obtain this information

Find probability that the children tested are all okay : Rickets. Vitamin D is essential for strong, healthy bones. Our bodies produce vitamin D naturally when sunlight falls upon the skin.

Who provide revenue to healthcare providers : Briefly describe the major third-party payers who provide revenue to healthcare providers. Consider what you have learned this week and apply it to assignment.

An important step of exploring the job market is knowing : An important step of exploring the job market is knowing what you want for yourself in your career.

Return on investment analysis in hit planning : Return on Investment Analysis in HIT Planning - Review the Pro Forma Explanation Material and HIT Program

The firm save annually in ordering and carrying costs : A produce distributor uses 780 packing crates a month, How much could the firm save annually in ordering and carrying costs by using the EOQ?

Risk of technical success and failure : What factors play into Risk of technical success and failure, as well as commercial success and commercial failure?

Discuss alternatives to ease this drain on medicaid resource : Managed care organizations emphasize physicians' responsibilities to control patient access to expensive hospitalization and specialty care

Create presentation to evaluate microsoft productivity apps : Create a 10- to 15-slide PowerPoint presentation to evaluate Microsoft productivity apps. At least two examples of animation on text or image Insert image.

User Account

All Pages