Feasability Estimate

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Projected benefits are based on increased capability to process patient information more efficiently, while handling an increasing number of patients and providing increased patient satisfaction.

Exhibit A summarizes the projected costs and benefits and shows the estimated net present value (NPV), return on investment (ROI), and year in which payback occurs.

It also lists assumptions made in performing this preliminary financial analysis. All of the financial estimates are very encouraging. The estimated payback is within four years.

Exhibit A

Costs for internal staff development the new system, ___________

Costs for new computers (8), _________________

Cost for new servers (2), ________________

Cost for purchase of new software or licensing and fees, _________________

Cost for formal/informal staff training, ______________________

Cost for facility upgrades for new servers and computers, ____________________

Estimated total cost, _____________________

Estimated cost of not developing the system, ___________________

Tangible benefits

Less overtime

Improved service to patients

Increase in revenue due to increase in new patients

Intangible Benefits

Increased job satisfaction

Increased overall morale

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Schedule Feasibility

Stakeholders would include patients, healthcare workers and expectations would be to have a more efficient system.

B=7 days, P=14 days, W=21 days (7 + (4*14) + 21) = 14 Days

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It would take the IT department one week to obtain the software and install it on the current information system and replace any computers that don’t meet software requirements.

An online tutorial would be mandatory for all healthcare providers to navigate and pass in one week.

On the first day of the second week the IT department will run test entries into the system and it will be fully operational by the end of the second week.