Assignment title: Management
The financial decisions that a health care organization makes today can have far-
reaching consequences for its future survival, from enabling its providers to better
deliver care and services to patients to supporting the organization's ongoing clinical
research initiatives to facilitating the essential functions and processes its professional
staff performs on a daily basis.
To prepare for this Application Assignment, review the information on value realization,
return on investment analysis, and using cost information to make special decisions in
health care organizations presented in this week's Learning Resource readings, as well
as the information on capital investment analysis and return on investment-including
financial (revenue-producing) and non-financial (non-revenue- producing) return on
investment discussed by the presenters in this week's Course Media. Next, research
methods that may be utilized to evaluate both the financial and non-financial returns
associated with investments in health information technology. In conducting your
research, use both scholarly journal databases and resources available on the World
Wide Web from reputable organizations, such as industry/trade associations.
To complete this Application Assignment, write a 3 to 4-page paper in which you:
•Discuss the potential financial (tangible) and non-financial (intangible) benefits
associated with the adoption of health information technology, providing at least two
specific examples of each.
•Next, describe in detail at least three methods/techniques that may be utilized for
evaluating the returns associated with HIT investments. Ensure that at least one of the
methods you selected includes procedures for evaluating non-financial benefits.
Your written assignments must follow APA guidelines. Be sure to support your work with
specific citations from this week's Learning Resources and additional scholarly sources
as appropriate.