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In today’s world of healthcare, capital expenses are a common element to the fin

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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 your case description. Collectively, that information will serve as
the foundation to support your recommendation.Your final Financial Analysis report should be a minimum of eight (8) pages in length, excluding title and reference pages.Introduction of case and financial challenges and issues; perspective of financial challenge (Introduction)
Report on assets and liabilities, cash flows and financial position, etc (Financial Statements).
Examination of financial analysis methods (Financial Analysis Methods).
Interpretation of financial management and capital management; influences for capital investments and decision-making (Capital Management).
Assessment
of EHR implementation (or relevant information system) and
recommendation; using supportive information from financial management
assignments (Proposal)Summarizes and
presents a collection of financial management concepts, strategies and
methods; applicable to case financial position, needs and challenges.
Make
sure to use block letter formatting and proposal formatting guidelines.
You will need to include a title page. Remember, your audience is the
organization’s executive managers. Make sure to use proper audience
tone.
Include an APA formatted reference page to include at
least five (5) academic sources, such as a book or an academic scholarly
journal, to support your topic. You should reference your academic
sources by including at least five (5) in-text citations. Academic
scholarly journals can be access through the Rasmussen Online Library.
Your Presentation
should be created in MS PowerPoint to include a minimum of seven (7)
slides. You will also add a narration to your presentation that should
be 15-20 minutes in length. Be sure to discuss your project components
in a concise, yet effective manner. You should highlight key points of
each component of the Financial Analysis Report, leading up to your EHR
recommendation outcome. Include graphical displays (such as graphs or
other pictorials) to add visual interest and support of your
information. Use a professional tone and keep in mind that you are
presenting to the executive management team; consider their interests as
stakeholders.Presentation OutlineIntroduction
Summary of financial statements
Summary of financial analysis methods
Findings of capital management influences
EHR recommendation outcome
Summary/Conclusion
APA formatted reference slide
.doc file

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