Executive Summary Upgrade our IT system Current Status

Executive Summary Upgrade our IT system Current Status Two separate systems (ER and rest of the hospital), do not communicate with each other Only has CPOE functionality, not a full EHR Patient safety issues with the two systems not communicating EHR incentive money

Data Points Better communication amongst physicians leading to Increased patient safety Better patient satisfaction scores impacting VBP dollars Capture Case Mix Index – Impact on bottom line Better Revenue Cycle Management Appropriate coding Timely documentation

The Numbers Excel File would be added in this slide

Capital Budgeting Method Present Value method is best used to compare alternative A vs alternative B in this case the alternatives are lease vs buy Other Capital budgeting methods Net Present Value Internal Rate of Return Payback Method Accounting rate of return

Conclusion Leasing is better than buying Impact bottom line Higher Case Mix (capture data) Patient satisfaction (Medicare VBP) Will improve physician communication within the system positively impacting Patient safety Length of stay Patient Satisfaction Long term considerations Bigger Vendor that is going to be around (upfront cost)