All healthcare organizations must convert to an Electronic Health Record EHR system within the next year This is september 2023

Capital Expense
All healthcare organizations must convert to an Electronic Health Record (EHR) system within the next year. This is a major capital expense that will cost many healthcare organizations millions of dollars. Purchasing an EHR system will undoubtedly require the acquisition and use of long-term assets under a capital budget. Prepare a proposal, addressed to the hospital’s management, for financing a 1.5 million dollar EHR system for your local hospital. Be sure to include a strategic plan for financing, implementing, and controlling/monitoring the new system. You will need to draw on some of the material you have learned in the class in other modules.

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