Assignment:
Q: Today, what percent of acute care hospitals in United States have an Electronic Health Record? Use search engine and/or PubMed to find the answer. Provide the site of the information and show that the date when the assessment was made?
List key benefits to health organization, patient, and care provider that EHR brings.
Provide scatter diagram showing the relationship between IT Budget and Organization's revenue. Create a trend line. Provide labels for X and Y axis. Title the chart. Display revenues in millions. Display IT budget in thousands.
Use the following data:
|
Fiscal Year
|
IT Budget
|
Use of EHR
|
Organization's Revenue
|
|
2008
|
$180,000
|
470,000
|
$100,000,000
|
|
2009
|
$315,000
|
490,000
|
$120,000,000
|
|
2010
|
$245,000
|
490,000
|
$150,000,000
|
|
2011
|
$300,000
|
530,000
|
$200,000,000
|
|
2012
|
$533,000
|
550,000
|
$230,000,000
|
Using the data from the previous question, calculate correlation between Organization's Revenue, Use of EHR and IT Budget?
Calculate partial correlation and answer the question: Is it reasonable to assume that IT is adding to the revenues generated by the organization or vice versa, that increased revenue is fueling increased expenditures on IT (what comes first budget or revenue)?
1. Calculate rate of return (IRR) for a $100,000 investment in an EHR and $10,000 yearly maintenance cost, that leads to the following level 1 benefits. Total benefits are shown in the following table: (10 points)
|
Year
|
1
|
2
|
3
|
4
|
5
|
|
Microfilm Equipment
|
$70,000
|
|
|
|
|
|
Microfilm Supplies
|
$15,000
|
$12,000
|
$15,000
|
$10,000
|
$16,00
|
|
Copier Costs
|
$5,000
|
$5,150
|
$5,305
|
$5,464
|
$5,628
|
Consider the following ratings for the need for information and indicate which piece of information should be collected regularly and made available through the computer to decision makers, which other pieces of information should be planned for and finally which pieces of information does not require data collection. Show how your conclusions are derived from ranges and averages in the data, using the median to separate high and low values.
|
Decisions
|
|
Information
Item
|
Purchase physician profiling system
|
Purchase
an EHR
|
Contract with a
firm to assess
satisfaction
|
|
Impact on cost of care
|
4
|
7
|
6
|
|
Impact on quality of care
|
6
|
5
|
2
|
|
Reputation of the firm
|
7
|
5
|
7
|
|
Sources of funds
|
2
|
4
|
2
|
2. Assume that cost is 5 times more important than reputation and reputation is 2 times more important than compatibility with existing systems, and compatibility is 3 times more than ease of use, what is the relative importance of all 4 attributes. Answer the question calculating weights.
A purchasing committee has rated 4 systems on 4 criteria as follows:
|
Compatibility with existing systems
|
Ease of use
|
Cost
|
Reputation
|
|
System A
|
100
|
20
|
50
|
80
|
|
System B
|
50
|
70
|
70
|
60
|
|
System C
|
60
|
60
|
90
|
40
|
|
System D
|
80
|
0
|
60
|
20
|
Standardize attribute ratings
3. The purchasing committee also agreed that ease of use is twice more important than cost of licenses. Recommend the purchase of one of the systems by calculating the overall score for each of the systems. Use standardized table below
|
Un-Standardized Rating
|
Standardized Rating
|
|
Ease of use
|
Cost
|
Ease of use
|
Cost
|
|
System A
|
50
|
60
|
100
|
0
|
|
System B
|
20
|
80
|
0
|
100
|