Revenue Cycle Management and Return on Investment Prerequisites

This week’s assignment relates to cost benefit analysis applications in healthcare. You will need to calculate a
ROI based on the following information:
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 incentive (one time only)