This is the second part of order 34082 assignment Assignment: Return on Investment (ROI) Analysis...

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This is the second part of order 34082 assignment Assignment: Return on Investment (ROI) Analysis in HIT Planning Determining the (TCO) or total cost of ownership for a strategic information system...

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This is the second part of order 34082 assignment

Assignment: Return on Investment (ROI) Analysis in HIT Planning

Determining the (TCO) or total cost of ownership for a strategic information system investment is a critical part of the leaders' role in using technology in a transforming way. The Return on Investment Analysis depends upon reliable estimates of both the capital outlay and ongoing operational costs associated with the initiative over a period of time. This Assignment focuses on outlining both the capital and ongoing operational costs associated with a typical technology investment. You will outline the costs and, as importantly, the assumptions that you used in deriving these financial estimates.

To prepare:

Review the Pro Forma Explanation Material and HIT Program Pro Forma Template in the Learning Resources.

The Assignment:

Write a 2-page APA style paper, addressing the following elements for the scenario that you chose in Week 3. This will also be the scenario used to complete your Final Project. For this Assignment, address the financial element of the project Charter used to plan the acquisition of an HIT solution for the setting of choice. The financial analysis has two parts:

Using the HIT Pro Forma Template provided in your Learning resources, complete the anticipated capital and operating costs of the HIT solution that you are proposing in theWeek 3Assignment.
Justify the assumptions that you used in your proforma.

Submit the entire project Charter inclusive of Week 3’s materials and Week 4’s HIT Pro Forma Template and assumptions paper.

tae_636731444888514630_121733_1.xls

Answered Same Day Sep 21, 2020

Kanika · Accepted Answer

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Running Header: Telemedicine
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Telemedicine
Telemedicine for Rural-Based Health Facility
The estimated capital and operating cost for the HIT solution to the Canon Hospital are as follows:
	 
	FY '01
	FY '02
	FY '03
	FY '04
	FY '05
	Totals
	Capital Costs (Onetime costs that can be depreciated)
	 
	 
	 
	 
	 
	 
	Consulting Services Vendor or Third Party
	100,000
	85,000
	60,000
	40,000
	20,000
	305,000
	Implementation Salaries
	100,000
	60,000
	50,000
	30,000
	20,000
	260,000
	Database Software
	250,000
	200,000
	150,000
	100,000
	50,000
	750,000
	Hardware Costs—Servers & Devices
	300,000
	250,000
	200,000
	150,000
	100,000
	1,000,000
	Network Costs—Additional Network Needed
	250,000
	200,000
	150,000
	125,000
	100,000
	825,000
	Licensed Software—Vendor & Third Party Software
	100,000
	85,000
	70,000
	65,000
	60,000
	380,000
	Capital Totals
	$1,100,000
	$880,000
	$680,000
	$510,000
	$350,000
	$3,520,000
	Operating Costs (annual recurring costs)
	
	
	
	
	
	
	Software Maintenance/Support
	50,000
	55,000
	60,000
	65,000
	70,000
	300,000
	Hardware Maintenance/Support
	11,000
	21,000
	31,000
	41000
	51000
	155,000
	Physician Salary Support
	580,

This is the second part of order 34082 assignment Assignment: Return on Investment (ROI) Analysis in HIT Planning Determining the (TCO) or total cost of ownership for a strategic information system...

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