Assume that the costs associated with the purchase of EHR software are as follows: Purchase price: $25,000
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Question:
Assume that the costs associated with the purchase of EHR software are as follows:
- Purchase price: $25,000 per provider
- One time implementation fee: $10,000 per provider
- Annual maintenance fee: 18% of the purchase price applied after the first year
Estimate the ROI (%) at the end of five years for a group of 15 providers. Assume that the only monetary benefit considered is that each physician will earn $44,000 as an incentive (one time only).
Related Book For
Statistics for Business and Economics
ISBN: 978-0134506593
13th edition
Authors: James T. McClave, P. George Benson, Terry Sincich
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