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Financial Evaluation Of Implementing An Electronic Medical Record (EMR) System At Somerset Medical Center

Access this Assignment Answers to explore the financial impact of EMR implementation in healthcare.

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Financial Evaluation of Implementing an Electronic Medical Record (EMR)System at Somerset Medical Center"Analyzethe financial viability of implementing an Electronic Medical Record (EMR) system atSomerset Medical Center. Discuss the projected cost savings, initial cost estimates, and thereturn on investment (ROI). In your analysis, consider both the direct and induced costsassociated with the transition from a manual system to an EMR system. Based on the provideddata and sensitivity analysis, evaluate whether the project is financially sustainable in the longterm. Your answer should be between 800 to 1000 words."

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