Assignment 4
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.
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.
Required Resources
The following resources are required to complete the assessment.
- Vila Health: HIMS Cost Benefit Analysis | Transcript.
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.
Cost-Benefit
Analysis
| Cost-Benefit Analysis Worksheet | ||||||||||||||
| This cell left blank intentionally. | Enter Year Natasha Smith: You can edit this column header to be the actual year. |
CY +1 | CY +2 | CY +3 | CY +4 | CY +5 | Cost Benefit Analysis | |||||||
| Costs Natasha Smith: Enter cost amounts as future value (FV) expectations. The FV will be automatically converted to present value (PV). |
Total PV benefits | $0.00 | ||||||||||||
| Total PV costs | ||||||||||||||
| Net Benefit | ||||||||||||||
| Total costs (future value) | ||||||||||||||
| Total costs (present value) | ||||||||||||||
| Benefits Natasha Smith: Enter benefit amounts as FV expectations. The FV will automatically be converted to PV. |
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| Total benefits (future value) | ||||||||||||||
| Total benefits (present value) | ||||||||||||||
| End of Worksheet |
Running head: ABBREVIATED TITLE OF YOUR PAPER 1
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Learner’s Full Name (no credentials)
Capella University
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