Week 08 Activity – Proposal for Financing an EHR system ( Financial Management of Healthcare Organizations)

All healthcare organizations must convert to an Electronic Health Record (EHR) system by 2014. This is a major 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. Prepare a proposal, addressed to the hospital’s management, for financing a 1.5 million dollar EHR system for your local hospital. Be sure to include a strategic plan for financing, administering, operating and marketing the new system.