You are the manager of a cardiology department with 10 generalcardiologists. The department performs approximately 6000 EKG’sannually. They currently have 4 EKG machines; 2 are 10 years oldand fully depreciated and the other 2 are 6 years old and will befully depreciated in one year. None are integrated with their EHRso the staff needs to scan the results into the EHR and the billinghas to be done manually. As manager, you believe that purchasingnew units that are integrated with the EHR will be more efficient.The new units are $30,000 each. There are IT costs for theintegration and a maintenance contract as well as supplies thatneed to be purchased. You must present to the CFO for approval.Prepare a short proposal describing how the new units will impactfinances (i.e. increase/decrease revenue and expenses). Identifywhat information do you need to have to establish revenue and cost.How many units do you recommend and why and what financial toolsyou would use to determine the impact on finances as well as whatresources might be used to obtain information to support thefinances.
