Benefits of a Capital Item Essay 4

Benefits of a Capital Item Essay 4

Your consulting work with the physician’s group in Module Three earned you rave reviews and now your boss has asked you to put your skills to work in support of a local community health center. As the Assistant to the CFO you have been tasked with preparing a public statement on the justification of purchasing the electronic medical record.

After explaining the benefits of the EMR and making suggestions for ways the benefits can be determined, write a memo to the community health center’s Board of Directors that uses your determinations to justify the purchase of the EMR. Refer to the mini-case on page 340 of the textbook.

Create a journal assignment that:

● Explains the benefits of the electronic medical records system (EMR)

● Explains the ways the benefits can be estimated

● Includes a written memo to the community health center’s board of directors that justifies the purchase of the EMR

Guidelines for Submission: You will submit two deliverables for this assignment. Your explanation of benefits should be 1-2 pages in length with double spacing, 12-point Times New Roman font, one-inch margins, and citations in APA style were applicable. Your written memo to the community health center’s board of directors should be 1-2 pages in length with double spacing, 12-point Times New Roman font, one-inch margins, and citations in APA style were applicable.

Module 5 Guidelines and Rubric attached below.

Textbook – page 340 attached below

Nowicki, Michael. (2018). Introduction to the financial management of healthcare organizations (7th ed.). Chicago, IL: Health Administration Press. ISBN: 978156793904

Prompt: Your consulting work with the physician’s group in Module Three earned you rave reviews and now your boss has asked you to put your skills to work in support of a local community health center. As the Assistant to the CFO you have been tasked with preparing a public statement on the justification of purchasing the electronic medical record. After explaining the benefits of the EMR and making suggestions for ways the benefits can be determined, write a memo to the community health center’s Board of Directors that uses your determinations to justify the purchase of the EMR. Refer to the mini-case on page 340 of the textbook. Create a journal assignment that:

● Explains the benefits of the electronic medical records system (EMR) ● Explains the ways the benefits can be estimated ● Includes a written memo to the community health center’s board of directors that justifies the purchase of the EMR

Guidelines for Submission: You will submit two deliverables for this assignment. Your explanation of benefits should be 1-2 pages in length with double spacing, 12-point Times New Roman font, one-inch margins, and citations in APA style were applicable. Your written memo to the community health center’s board of directors should be 1-2 pages in length with double spacing, 12-point Times New Roman font, one-inch margins, and citations in APA style were applicable.

Critical Elements Exemplary (100%) Proficient (85%) Needs Improvement (55%) Not Evident (0%) Value

Benefits of the EMR Assignment provides a thorough explanation of benefits that are clearly related to the EMR

Assignment provides an explanation of benefits that are related to the EMR

The explanation of benefits is incomplete and/or the relationship to the EMR is not clear for some of the suggested benefits

Assignment does not list benefits of the EMR

30

Ways the Benefits Can Be Estimated Benefits of a Capital Item Essay 4

Assignment suggests multiple, appropriate ways in which the benefits can be estimated

Assignment suggests multiple ways in which the benefits can be estimated, however some of the suggestions are not appropriate

Assignment suggests only one way in which the benefits can be estimated

Assignment does not suggest ways in which benefits can be estimated

30

Memo: Justification Memo provides a well- supported justification based on sound cost-benefit reasoning and is exceptionally clear and concise

Memo provides a well- supported justification based on sound cost-benefit reasoning

Justification is not well- supported, and/or the cost- benefit reasoning is not sound

Assignment does not use cost- benefit to justify the EMR

30

Memo: Writing (Mechanics/Citations)