Solution in which you consider 23 cost saving andor

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solution in which you consider 2–3 cost saving and/or revenue generating opportunities that you feel apply to Dynamic’s scenario. Note: This Discussion will be graded using this rubric: Discussion Rubric (Word document) Post by Day 3: A strategy for how Dynamic can pay for the newly proposed Epic system. Explain how the organization will save in operational expense in order to handle the extra 100K 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. Respond by Day 5 and continue the Discussion through Day 7: Examine your colleagues’ posts regarding ideas for operating budget reductions and/or new revenues proposed as part of implementing the Epic solution. If the CFO’s rumors are true and the academic center opens competitive surgery alternatives in the area, how would you recommend your colleague adjust their cost savings and revenue ideas?

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