Discuss the following areas of financial concern and conclude with your decision on whether you would recommend EMRs to the stakeholders.

Information

technology has enhanced operational activities throughout the health care

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Discuss the following areas of financial concern and conclude with your decision on whether you would recommend EMRs to the stakeholders.
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industry. Much has been discussed in financial analysis, price, and acquisition

discrepancies. The decision to acquire and implement technology and justify the

cost has perplexed physicians and health care facilities.

Imagine you

are an office manager in a physician’s group practice. As the office manager,

you have been asked to review and explain the financial implications of

implementing electronic medical records (EMR). You will address potential areas

of financial concern and provide your recommendation to the physician’s group

on whether to implement EMR.

Create a 12-

to 15-slide Microsoft PowerPoint presentation that includes detailed speaker

notes. Discuss the following areas of financial concern and conclude with your

decision on whether you would recommend EMRs to the stakeholders.

Include the

following areas with a focus on the financial aspects:

Discuss the

implementation process. Explain why EMRs should be implemented. Explain what is

involved in the implementation of EMRs.

Explain how to

finance technology using at least five of the following options. Capital

expenditures Opportunity costs Budgeting, cash flow Depreciation Present value

Payback Projected revenue Overall costs

Explain the

costs not considered in the implementation process for at least two of the

following options. Threat of litigation Layout of facility Life expectancy and

value of the equipment Maintenance Increase in operational costs

Explain the

financial incentives for implementing new forms of technology for at least one

of the following options. Government, as in Medicare reimbursement Health care

professional societies Health plans, as in pay-for-performance programs Quality

improvement agencies that may offer financial incentives, such as the National

Committee for Quality Assurance, the Utilization Review Accreditation

Committee, or the Joint Commission

Explain the

advantages and disadvantages to the physician’s group of implementing EMRs.

Explain your

final recommendation to the physician’s group regarding the implementation of

EMRs.

Include the

following in your presentation:

Title slide

Introductory or overview slide Slides presenting the information required for

the assignment Detailed speaker notes with in-text citations Recommendation or

summary slide Reference slide

Include at

least 3 outside sources, excluding your textbook. Format your assignment

according to APA guidelines.Information

technology has enhanced operational activities throughout the health care

industry. Much has been discussed in financial analysis, price, and acquisition

discrepancies. The decision to acquire and implement technology and justify the

cost has perplexed physicians and health care facilities.Imagine you

are an office manager in a physician’s group practice. As the office manager,

you have been asked to review and explain the financial implications of

implementing electronic medical records (EMR). You will address potential areas

of financial concern and provide your recommendation to the physician’s group

on whether to implement EMR.Create a 12-

to 15-slide Microsoft PowerPoint presentation that includes detailed speaker

notes. Discuss the following areas of financial concern and conclude with your

decision on whether you would recommend EMRs to the stakeholders.Include the

following areas with a focus on the financial aspects:Discuss the

implementation process. Explain why EMRs should be implemented. Explain what is

involved in the implementation of EMRs.Explain how to

finance technology using at least five of the following options. Capital

expenditures Opportunity costs Budgeting, cash flow Depreciation Present value

Payback Projected revenue Overall costsExplain the

costs not considered in the implementation process for at least two of the

following options. Threat of litigation Layout of facility Life expectancy and

value of the equipment Maintenance Increase in operational costsExplain the

financial incentives for implementing new forms of technology for at least one

of the following options. Government, as in Medicare reimbursement Health care

professional societies Health plans, as in pay-for-performance programs Quality

improvement agencies that may offer financial incentives, such as the National

Committee for Quality Assurance, the Utilization Review Accreditation

Committee, or the Joint CommissionExplain the

advantages and disadvantages to the physician’s group of implementing EMRs.Explain your

final recommendation to the physician’s group regarding the implementation of

EMRs.Include the

following in your presentation:Title slide

Introductory or overview slide Slides presenting the information required for

the assignment Detailed speaker notes with in-text citations Recommendation or

summary slide Reference slideInclude at

least 3 outside sources, excluding your textbook. Format your assignment

according to APA guidelines.

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