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1Developing a Business CaseStudents Name:Institutional affiliationCourse Name and NumberInstructor’s NameSubmission Date
Developing a Business CasePotential Economic Opportunities and Risks How do Potential Opportunities Benefit an Organization?The Electronic Health Records also known as EHRs are the initial phases to transformed healthcare system. The opportunities of EHR in a healthcare organization incorporates: improvedhealthcare services by bettering all features of care of patients like safety, efficiency, patient-centeredness, equity, communication, effectiveness, timeliness, and education (Cowie et al., 2017).How can Potential Risk Pose a Threat to the OrganizationIt can lead to privacy and security infringements. Whereas many EHR structures are secure and safe, physicians as well as practice managers still have legal worries concerning data breaching brought about by ransomware including other cyber security threats. Another risk is time plus data migration. When an organization installs EHR, they will have many patient records on paper that will have to be fed into the EHR system. Transcription of paper records into the system can consume a lot of time (Evans, 2016). Comparison between Potential Economic opportunities and Potential Economic RisksThe EHR system provides an all-inclusive help to a practice, this goes beyond the extent of medical records operations to incorporate practice management, reporting, coding, as well as document imaging (Cowie et al., 2017). In contrast, in the struggles to enhance quality and save time of documentation, most EHR models employ drop down templates and menus. The hazard here is choosing terms which can result in misdiagnosis and inappropriate therapy or use of lettertemplates that might have incomplete or incorrect information (Evans, 2016).Ethical and Culturally Sensitive Solutions to the Risks2
The information of patients is supposed to be conveyed by the permission of the patient or as permitted by the law. This does not mean that the doctors cannot get access to the information of the patient. Information can be conveyed for administrative purposes or therapy payment without the authorization of patients (Evans, 2016). The patient also has the right to get a copy of, and also adjust information in their health records. In terms of time and data migration, the organization should employ enough employees to do data entry from paper into the system to save on time.