Used to obtain information to support the finances

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You are the manager of a cardiology department with 10 general cardiologists. The department performs approximately 6000 EKG’s annually. They currently have 4 EKG machines; 2 are 10 years old and fully depreciated and the other 2 are 6 years old and will be fully depreciated in one year. None are integrated with their EHR so the staff needs to scan the results into the EHR and the billing has to be done manually. As manager, you believe that purchasing new units that are integrated with the EHR will be more efficient. The new units are $30,000 each. There are IT costs for the integration and a maintenance contract as well as supplies that need to be purchased. You must present to the CFO for approval. Prepare a short proposal describing how the new units will impact finances (i.e. increase/decrease revenue and expenses). Identify what information do you need to have to establish revenue and cost. How many units do you recommend and why and what financial tools you would use to determine the impact on finances as well as what resources might be used to obtain information to support the finances.

Reference no: EM132238282

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