GCU Electronic Health Record Discussion Nursing Assignment Help

I’m working on a health & medical question and need the explanation and answer to help me learn.

Identify a current change that occurred in a large health care organization (news article, journal, etc.). Based on the information available, how would you describe the return on investment of the change for that organization? Discuss both the aspects of cost and time.

Expert Solution Preview

Introduction:

A recent change in a large healthcare organization is often accompanied by investments in various aspects, such as technology, infrastructure, or process improvement. Evaluating the return on investment (ROI) of these changes is crucial to assess their effectiveness and financial impact. In this analysis, we will identify a current change in a healthcare organization and discuss its return on investment, considering both cost and time factors.

Answer:

One recent change that occurred in a large health care organization is the implementation of an electronic health record (EHR) system. The introduction of this technology aims to improve patient care, facilitate communication among healthcare professionals, and enhance the overall efficiency of the organization.

When evaluating the return on investment for the implementation of an EHR system, we must consider both the costs associated with the change and the potential time savings.

Cost aspect:
– Initial investment: The implementation of an EHR system requires a significant financial investment. This includes the purchase of software, hardware, and training for healthcare staff. Additionally, there may be costs associated with data migration and system integration. These upfront expenses can be substantial.
– Maintenance and support: Once the EHR system is in place, the organization incurs ongoing costs for system maintenance and technical support. These expenses can include software updates, hardware upgrades, and addressing any system issues that arise. The cost of maintaining the system should be taken into account when evaluating ROI.

Time aspect:
– Transition period: Implementing an EHR system involves a transition period during which healthcare professionals must adapt to the new technology. This transition may result in some temporary decreases in productivity as staff members learn to navigate the system and adjust their workflows. However, over time, the EHR system can streamline processes and potentially save time.
– Efficiency gains: Once fully integrated, the EHR system offers numerous efficiency improvements. It eliminates the need for paper records, reduces time spent searching for patient information, and simplifies documentation tasks. These efficiency gains can result in significant time savings for healthcare providers, allowing them to spend more time on direct patient care.

Overall, the return on investment for implementing an EHR system in a healthcare organization can be substantial. While the initial costs may be high, the potential time savings and efficiency gains make it a worthwhile investment. However, it is important to evaluate the specific financial and operational factors of each organization to determine the precise ROI for their EHR implementation.

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Technology for Patient Safety in Saudi Arabia Paper Nursing Assignment Help

You are the manager of a busy hospital unit.  Your unit has been tasked with selecting and implementing upgraded technology on your hospital unit.  As the unit manger, address the following in your selection of technology and implementation plan: Examine the features of the new technology that are important in

Aubre R. presents as a new patient to your practice having Nursing Assignment Help

Aubre R. presents as a new patient to your practice having recently relocated from rural Tennessee. She is 68 years old and complains of irritable bowel syndrome (IBS) with abdominal cramping and frequent diarrhea with occasional constipation. She has a history of domestic violence with resultant anxiety requiring inpatient hospitalization

HSC 1531 FSCJ Health & Medical Defining Health Discussion Nursing Assignment Help

Respond to two follow-ups to a classmate’s posts: 1.     It is widely recognized that the US healthcare system places a greater emphasis on treating illness rather than promoting preventive care and keeping people healthy. This approach leads to higher healthcare costs and poorer health outcomes compared to other developed countries.

Select two underdeveloped countries and examine the key Nursing Assignment Help

Select two underdeveloped countries and examine the key determinants of health. Compare and contrast the healthcare systems, economy, and healthcare system challenges, such as access to care and health disparities. Use the Eight Factor Model to assess the strengths and weaknesses of the healthcare systems and determine the extent to

SU Strategic Planning and Business Plan Discussion Nursing Assignment Help

Ascertain the importance of strategic planning for an organization. Suggest one strategy to structure the strategic planning session for a midsize nonprofit health organization that is competing with several for-profit facilities in the area. Then determine your approach to communicate the mission, vision, and value statements for the strategic planning.

Select two underdeveloped countries and examine the key Nursing Assignment Help

Select two underdeveloped countries and examine the key determinants of health. Compare and contrast the healthcare systems, economy, and healthcare system challenges, such as access to care and health disparities. Use the Eight Factor Model to assess the strengths and weaknesses of the healthcare systems and determine the extent to

FIU Ambiguity and Doubts About Managing ASD Reflection Nursing Assignment Help

Autism Spectrum Disorder, Intellectual Disabilities, and Childhood-Onset Schizophrenia After studying Module 5: Lecture Materials & Resources, discuss the following: Reflect on your experience creating a treatment plan for a toddler, school-aged child, or adolescent with autism or an intellectual disability.  Describe the clinical situation in detail.  (Who was it, when

NUR 630 FIU Impact on Healthcare Systems and Public Health Nursing Assignment Help

Autism Spectrum Disorder, Intellectual Disabilities, or Childhood-Onset Schizophrenia In recent years, there have been reports linking autism to vaccinations. After studying Module 5: Lecture Materials & Resources, address the following in a well-written discussion post: Explain the controversy regarding vaccines as a possible cause of autism spectrum disorder. Does the