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Assignment: Choosing an HIT Vendor Solution It is very typical for leaders and their staffs to explore market capabilities when it comes to looking for viable and feasible partners who provide health...

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Assignment: Choosing an HIT Vendor Solution

It is very typical for leaders and their staffs to explore market capabilities when it comes to looking for viable and feasible partners who provide health technology solutions. When examining vendor products, be they software, hardware, or other technologies, it is important to examine not only the vendor sales literature but also objective industry analysis as well. This process is collaborative and has many dimensions that include looking at the technical, financial, and functional aspects of technology solutions.

As a health care administrator you will collaborate with other leaders such as CIOs, operations managers, CFOs, and CMOs in the analysis of Health Information Technology (HIT) vendor software solutions. Keeping in mind both the tactical problems that your organization is facing and your organization’s overall strategic direction, you will analyze vendors in the marketplace and the HIT products that they sell.

For this two-part Assignment, analyze vendors who compete in the HIT software marketplace using the Independent Physician Office Ambulatory EMR Scenario in your Learning Resources. After assessing the capabilities and limitations of at least three possible vendor solutions, for Part 2, you will make a recommendation to your leadership team colleagues on which one or two vendors you would feel most comfortable progressing toward the next steps of system acquisition. Keep in mind that choosing two solutions allows the organization to have potential leverage in negotiations. If your recommendation is one vendor, how do you justify this recommendation?

To Prepare for this Assignment:

  • Review the Independent Physician Office Scenario in your Learning Resources.
  • Select three vendors after reviewing the HealthIT.gov list and the KLAS reports provided in the Learning Resources.

The Assignment—Part 1: Compare and contrast the strengths, weaknesses, opportunities, and threats (SWOT) of three vendors offering an ambulatory Electronic Health Record to independent physician practices. Construct a table that summarizes your SWOT analysis with an accompanying reference page listing any external resources used in your analysis. Comparisons should include quantitative/evidence-based information as well as qualitative.

Note: The following table is an example of what to construct for Part 1.

Vendor: (Consider Functional, Technical, Operational, and Strategic for each element of the SWOT)ABC
Strengths
Weaknesses
Opportunities
Threats

The Assignment—Part 2: Write a 2-page executive summary outlining the one or two IT vendors that you recommend engaging for further acquisition activities such as stakeholder demos and request for proposals. The executive summary should be addressed to the members of your fellow executive leadership team. Be sure to clearly outline the strategic, operational, technical (IT) requirements, and market reasons for your recommendation. If you are recommending one vendor, justify your strategy to handle the organizations’ anticipated loss in negotiating leverage.

Answered Same Day Dec 25, 2021

Solution

David answered on Dec 25 2021
120 Votes
HIT Vendor Solution
HIT Vendor Solution
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HIT Vendor Solution
PART - 1
It is the duty of the healthcare organizations to use productive tools and techniques for managing
the issues in a effective way. Information called as the valuable asset for every organization.
Most of the companies are using different software’s and tools for protecting the information in a
productive way. Health Information Technology (HIT) vendor software solutions provide an
opportunity to the healthcare organization to design, store and maintaining the valuable
information related with their operations (Wu et al 2017,p.36).
Source: seek.com
While analyzing the figure we can understand that HIT helps for providing better services to the
patients at right time (Ba
et et al 2017,p.1-11). Now we can compare and contrast the strengths,
weaknesses, opportunities, and threats (SWOT) of three vendors offering an ambulatory
Electronic Health Record to independent physician practices. As per the report of
healthdatamanagment.com (2016) top HIT three vendors offering an ambulatory Electronic
Health Record to independent physician practices in the market place include;
ï‚· Epic System Corporation
ï‚· All scripts
ï‚· eclinical works
HIT Vendor Solution
SWOT Analysis of Epic System Corporation
Aspects Strength Weakness Opportunities Threats
Functional Storing
Digital
ecords
Time taken User friendly
interface
Breakdown of
system
Operational Faster Data Lack of skilled
employees
Option of
network servers
Process e
or
Technical Huge Data
Storage
Low security Use effective
security protocols
Security issues
Strategic Use of
integrated
information
system
Lack of
alternatives ...
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