Information technology has enhanced operational activitiesthroughout the health care industry. Much has been discussed infinancial analysis, price, and acquisition discrepancies. Thedecision to acquire and implement technology, and justify the costhas perplexed physicians and health care facilities.

Assume you are an office manager in a physician’s group practice.As the office manager, you have been asked to review and explainthe financial implications of implementing electronic medicalrecords (EMR). You will address potential areas of financialconcern and provide your recommendation to the physician’s group onwhether or not to implement EMR.

Create a 12- to 15-slide Microsoft® PowerPoint® in which yououtline the following areas of financial
concern and conclude with your decision on whether you wouldrecommend EMRs to the stakeholders. Include detailed speaker notes.Cite at least three outside sources and your textbook. Discuss thefollowing areas with the focus on the financial aspects:
· Implementation process; This should be your introductoryslide.

o Why implement?

o What is involved?
· Financing technology; Choose at least five.

o Capital expenditures

o Opportunitycosts

o Budgeting, cash flow

o Depreciation

o Present value

o Payback

o Projected revenue

o Overall costs
· Costs not considered in the implementation
process; Choose at least two.

o Threat of litigation

o Layout of facility

o Life expectancy andvalue of the equipment

o Maintenance

o Increase in operational costs
· Financial incentives for implementing new forms of technology:Choose at least one.

o Government, as in Medicare reimbursement

o Health care professional societies

o Health plans, as in pay-for-performance programs

o Quality improvement agencies that may offer financial incentives,such as the National Committee for Quality Assurance, theUtilization Review Accreditation Committee, or the JointCommission
· Advantages and disadvantages
· Final recommendation

Format your presentation consistent with APA
guidelines:
· 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

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