Module 05 Project – Proposal And Final
Submission
Module 05 Project – Proposal And Final Submission
In today’s world of healthcare, capital expenses are a common
element to the financial management process. In fact, all
healthcare organizations, at some point, must convert to an
Electronic Health Record (EHR) system to be compatible with the
rest of the world. However, this is a major capital expense that will
cost many healthcare organizations millions of dollars. Purchasing
an EHR system will undoubtedly require the acquisition and use of
long-term assets under a capital budget.
The final assignment of your project will require you to make a
recommendation to finance an EHR system, based on information
from previous assignments. You will compile all the information in
a proposal format, which will be addressed to the organization’s
executive managers. You will create a separate presentation as an
overview of your proposal.
Your organization is considering financing a 1.5 million dollar EHR
system (if an EHR system not a good fit for your case, you can
choose any major health information system/technology but the
1.5 million dollar reference should remain the same). Based on the
financial outlook of your case/organization, make a
recommendation to purchase or not purchase the system. You will
need to draw on the material you have learned in throughout the
class and assignments; as well as background information from
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