Benefits of a Capital Item

Your boss has asked you to put your skills to work in support of a local community
health center- The center just purchased an electronic medical record system (EMR)
and its board of directors wants it to justify the purchase- The center is small and
understaffed, so the center’s CEO has asked you to help with the justification by
identifying the benefits of the EMR and ways the benefits can be estimated to calculate
a cost-benefit ratio- Then write a memo to the community health center’s Board of
Directors that uses the cost-benefit to justify the purchase of the EMR.