Dsicussion.docx - A strategy for how Dynamic can pay for the newly proposed Epic system Explain how the organization will save in operational expense in

Dsicussion.docx - A strategy for how Dynamic can pay for...

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A strategy for how Dynamic can pay for the newly proposed Epic system. Explainhow the organization will save in operational expense in order to handle the extra100K per year needed to maintain this solution. Provide a recommendation for how the hospital can use HIT solutions to generate new revenue. Also consider that if Dynamic issues a bond to pay for the $1.5 million implementation costs, likely the local rating agencies will want to see a documented 5–10% additional reduction in “hard line” operating expenses to assure Dynamic’s ability to pay off the debt. Given that over 60% of the operating budget is staff and physician salaries, explain what kinds of savings the best in class EHR offer will assure investors.Operational expenses consist of software and hardware maintenance and support, physician salary support, postproduction support salaries, travel training, among other charges. Dynamic should purchase their hardware that is needed for the HIT solution, to avoid paying the lease for equipment’s that is vital and necessary for an

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