Benefits of a Capital Item

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.

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

IHP 450 Module Five Journal Rubric

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

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)

No errors related to organization, grammar and style, and citations

Minor errors related to organization, grammar and style, and citations

Some errors related to organization, grammar and style, and citations

Major errors related to organization, grammar and style, and citations

10

Earned Total 100%

Part 1: Agenda Comparison Grid

Use this Agenda Comparison Grid to document information about the population health/healthcare issue your selected and the presidential agendas. By completing this grid, you will develop a more in depth understanding of your selected issue and how you might position it politically based on the presidential agendas.

You will use the information in the Part 1: Agenda Comparison Grid to complete the remaining Part 2 and Part 3 of your Assignment.

Identify the Population Health concern you selected.
Describe the Population Health concern you selected and the factors that contribute to it.
Administration (President Name)	President Trump	President Obama	President Bush
Describe the administrative agenda focus related to this issue for the current and two previous presidents.
Identify the allocations of financial and other resources that the current and two previous presidents dedicated to this issue.
Explain how each of the presidential administrations approached the issue.

Part 2: Agenda Comparison Grid Analysis

Using the information you recorded in Part 1: Agenda Comparison Grid, complete the following to document information about the population health/healthcare issue your selected

Administration (President Name)	President Trump	President Obama	President Bush
Which administrative agency would most likely be responsible for helping you address the healthcare issue you selected?
How do you think your selected healthcare issue might get on the agenda for the current and two previous presidents? How does it stay there?
Who would you choose to be the entrepreneur/ champion/sponsor of the healthcare issue you selected for the current and two previous presidents?

Narrative with the Facts

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