Assignment:
Project presentation and ROI
Sidney Park Health System is experiencing a shortage of coders. Over the past five years, there has been a 30% vacancy rate for coders throughout the main hospital and satellite clinics within the healthcare system. The backlog and vacant positions has created an issue related to unbilled revenue, overworked coders and extended work hours and schedules. It is estimated that there is an annual loss of $12 million. It has also been communicated that many of the qualified coders that were offered a position declined because they are interested in working from home. To address the problem, the health information management department is proposing that there be an implementation of a home-based coding system. This concept is feasible, given that Sidney Park Health System utilizes an electronic health record and all patient information is available electronically. You have been assigned as the project manager to oversee the feasibility and implementation of this project.
The executive management team is meeting to discuss your project. In preparation for the meeting you are to create a presentation to outline the project and results. In your PowerPoint presentation: please make the content for the slides.
• Provide a summary of the project, its purpose and goal(s)
• Discuss the project results
o Analyze project deliverables compared to project outcomes
o Compare and contrast estimated costs to actual costs
o Compare and contrast estimated time with actual time of completion
o Discuss the estimated return on investment (ROI) for the project
You are pretending that you are doing a project presentation. In order to do so, you will need to create a PowerPoint and put together a document for those that are attending your presentation.
Let's start with your PowerPoint presentation. In your presentation, you should have:
• A summary of the project which includes the purpose and goals of the project. (Remember we are implementing a home-based coding system.)
• Project Deliverables vs Project Outcomes (Discuss what you initially planned for the project to deliver and what the actual outcome of the project. Do the outcomes match your planned deliverables? You can make this information up.)
• Estimated Costs vs Actual Costs (How did you do on the overall cost? Did you meet your budget, exceed your budget, come in under your budget? Was there anything that cost more or less than expected? Show your estimated and actual costs in this section.)
• Estimated Time vs Actual Time ( How long did the project take? Did you finish ahead or after schedule? What tasks took longer or shorted than estimated? Show a comparison of the estimated time vs actual time.)
• Estimated Return on Investment (ROI) (How will the project fare financially? Will you recoup the costs that you spent on the project? How long do you estimate it will take to recoup the costs? Show the estimated ROI calculation in your presentation. Use the formula under the lesson content link.)
In your PowerPoint, use helpful tables and graphs to present your information.