Health Information System Cost-Benefit Analysis

Complete a Vila Health interactive simulation in which you will practice analyzing the costs and the benefits associated with having the newly acquired rural hospitals switch to the same health information system currently used at the main hospital. Then, develop a cost-benefit spreadsheet and write a 2–3-page executive summary of your findings and recommendations.

Note: The assessments in this course build upon the work you have completed in the previous assessments. Therefore, complete the assessments in the order in which they are presented.

Don't use plagiarized sources. Get Your Custom Essay on
Health Information System Cost-Benefit Analysis
Just from $13/Page
Order Essay

Meeting current and future needs means that health care managers must be able to analyze the costs and benefits of implementing new health information systems or taking on new health informatics projects. Cost-benefit analysis is a model that will help managers communicate and justify their projects. It is important for managers to translate the investment of health information technology into a benefit that the organization notices and feels.

This assessment provides an opportunity for you to complete a cost-benefit analysis of a health information system and justify your recommendations for implementation, based on best practices.

By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:

· Competency 4: Forecast future organizational needs and/or applications of technology based on evolving business trends.

1. Identify gaps between current technology and future needs.

1. Determine the impact of evolving business trends on system upgrade decisions.

. Competency 5: Analyze current and future system needs and cost-benefit factors to define requirements for system selection.

2. Identify the components of a health information system.

2. Analyze the costs of implementing an upgraded system.

2. Analyze the benefits of implementing an upgraded system.

2. Analyze the costs and benefits of not implementing an upgraded system.

2. Make implementation recommendations based on a cost-benefit analysis.

. Competency 6: Communicate effectively with diverse audiences, in an appropriate form and style, consistent with applicable organizational, professional, and scholarly standards.

3. Write clearly and concisely, using correct grammar, mechanics, and APA formatting.

Competency Map

Check Your ProgressUse this online tool to track your performance and progress through your course.

· Toggle Drawer

https://courserooma.capella.edu/images/ci/icons/generic_updown.gifResources

Templates

APA Style Paper Template [DOCX].

1. Use this template for your executive summary.

Cost-Benefit Analysis Spreadsheet [XLSX].

2. Use this spreadsheet for your analysis.

Required Resources

The following resources are required to complete the assessment.

Vila Health: HIMS Cost Benefit Analysis | Transcript.

3. This multimedia simulation will enable you to practice analyzing the short- and long-term costs and the benefits of implementing Vila Health’s existing health information system at one of the newly-acquired rural hospitals.

Show More

Suggested Resources

The resources provided here are optional. You may use other resources of your choice to prepare for this assessment; however, you will need to ensure that they are appropriate, credible, and valid. The MHA-FP5064 Health Care Information Systems Analysis and Design for Administrators Library Guide can help direct your research, and the Supplemental Resources and Research Resources, both linked from the left navigation menu in your courseroom, provide additional resources to help support you.

Adoption of Health Information Systems

The following articles examine issues surrounding the adoption of health information systems, which may be helpful when considering cost-benefit analyses.

. Adler-Milstein, J., Everson, J., & Lee, S. D. (2015). EHR adoption and hospital performance: Time-related effectsHealth Services Research, 50(6), 1751–1771.

4. This study looked for evidence of a relationship between the adoption of an EHR by hospital and hospital performance.

. Ben-Assuli, O., Ziv, A., Sagi, D., Ironi, A., & Leshno, M. (2016). Cost-effectiveness evaluation of EHR: Simulation of an abdominal aortic aneurysm in the emergency departmentJournal of Medical Systems, 40(6), 1–13.

5. This study examines whether health information technologies are cost-effective by current standards and whether they improve decision making and the quality of care.

. Bergmo, T. S. (2015). How to measure costs and benefits of ehealth interventions: An overview of methods and frameworksJournal of Medical Internet Research, 17(11), e254.

6. Examines how to best apply cost-benefit evaluation methods to health information technologies.

. Price, M., & Lau, F. (2014). The clinical adoption meta-model: A temporal metamodel describing the clinical adoption of health information systemsBMC Medical Informatics & Decision Making, 14(1), 1–23.

7. Presents an accessible model to aid implementers, evaluators, and others in the planning and implementation of health information systems.

Writing Resources

You are encouraged to explore the following writing resources. You can use them to improve your writing skills and as source materials for seeking answers to specific questions.

APA Module.

Academic Honesty & APA Style and Formatting.

APA Style Paper Tutorial [DOCX].

Library Resources

Journal and Book Locator.

Journal and Book Locator Library Guide.

Interlibrary Loan.

· https://courserooma.capella.edu/images/ci/icons/generic_updown.gifAssessment Instructions

Note: Complete the assessments in this course in the order in which they are presented.

Preparation

Leadership at Vila Health has asked for a cost-benefit analysis to address the pros and cons of having the newly acquired rural hospitals switch to the same health information system currently used by Vila Health.

Complete the Vila Health: HIMS Cost-Benefit Analysis interactive simulation, linked in the Resources. Gather information about the health information system being used by the main hospital. Speak with department heads to obtain their insights, and consider short- and long-term costs and benefits. You may also find it useful to review previous Vila Health simulations.

In addition, use the Capella University Library to explore topics relevant to currently available health information system technology and its costs and benefits.

Requirements

· Conduct a cost-benefit analysis to determine the feasibility of the proposed system upgrade. Use the Cost-Benefit Analysis Spreadsheet, linked in the Resources, for your analysis.

· Write an executive summary of your findings, recommendations, and rationale for your recommendations.

Note: Remember that you can submit all—or a portion of—your draft executive summary to Smarthinking for feedback, before you submit the final version for this assessment. If you plan on using this free service, be mindful of the turnaround time of 24–48 hours for receiving feedback.

Document Format and Length

Format your executive summary using APA style.

· Use the APA Style Paper Template, linked in the Required Resources. An APA Style Paper Tutorial is also provided (linked in the Suggested Resources) to help you in writing and formatting your executive summary. Be sure to include:

. A title page and references page. An abstract is not required.

. A running head on all pages.

. Appropriate section headings.

· Your executive summary should be 2–3 pages in length, not including the title page and references page.

Supporting Evidence

Cite at least two sources of credible scholarly or professional evidence to support your cost-benefit analysis.

Cost-Benefit Analysis

Note: The requirements outlined below correspond to the grading criteria in the scoring guide. Be sure that your cost-benefit analysis addresses each point, at a minimum. You may also want to read the HIS Cost-Benefit Analysis Scoring Guide to better understand how each criterion will be assessed.

· Identify the components of the health information system.

. Consider all system components that should be factored into a cost-benefit analysis.

· Identify gaps between current health information technology and future needs.

. What effect might forecasted future needs have on present system integration decisions?

· Analyze the costs of implementing an upgraded system.

. Identify all cost items that should be included in the analysis.

. Consider short- and long-term costs.

. Consider the relevant issues, objectives, and leadership decisions that should be factored into the analysis.

. What additional information could improve the analysis?

· Analyze the benefits of implementing an upgraded system.

. Identify all cost items that should be included in the analysis.

. Consider short- and long-term benefits, as well as the potential benefits to the organization, including patient care.

. Consider the relevant issues, objectives, and leadership decisions that should be factored into the analysis.

. What additional information could improve the analysis?

· Analyze the costs and benefits of not implementing an upgraded system.

. Consider the short- and long-term costs and potential benefits to the organization, including patient care.

. Consider the relevant issues, objectives, and leadership decisions that should be factored into the analysis.

. What additional information could improve the analysis?

· Determine the impact of evolving business trends on system upgrade decisions.

. What business trends have the potential to drive future health care informatics and IT needs?

. How might these trends influence your cost-benefit analysis and project implementation recommendations?

. What evidence do you have to support your assertions and conclusions?

· Make implementation recommendations based on your cost-benefit analysis.

. Justify your recommendations with well-reasoned rationale.

· Write clearly and concisely, using correct grammar, mechanics, and APA formatting.

. Express your main points and conclusions coherently.

. Proofread your writing to minimize errors that could distract readers and make it more difficult for them to focus on the substance of your analysis.

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Writall
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Health Care
Excellent job
Customer 454677, March 9th, 2021
Other
I got an A on this project.
Customer 453877, February 6th, 2020
Physics
AWESOME ASSINMENT
Customer 453877, March 7th, 2020
Nursing
thank you!!
Customer 454959, February 4th, 2022
Other
Best writer ever!!!
Customer 454983, February 1st, 2022
Computer science
Great Job!!
Customer 455111, November 15th, 2021
Management
Great paper and done before the deadline. Thank you
Customer 454659, October 20th, 2021
Other
Great writer
Customer 454983, March 17th, 2022
Medicine
Thank you!
Customer 455521, June 26th, 2023
Psychology
Great Writer
Customer 454641, January 21st, 2021
Nursing
Thank you!
Customer 454959, February 6th, 2022
Communications
I got an A. Thanks because I can rely on this excellent work.
Customer 453877, February 17th, 2021
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat
Live Chat+1(978) 822-0999EmailWhatsApp