TASK: A. EXAMINE ELEMENTS OF THE VENDOR SELECTION PROCESS BY DOING THE FOLLOWING:
1. JUSTIFY HOW A COST-BENEFIT ANALYSIS WILL HELP TO FOCUS THE VENDOR SELECTION PROCESS. A cost benefit analysis is used to identify the overhead costs occurred during an EHR implementation. There are many factors that affect the cost of implementation such as the cost of software, cost of hardware, costs of training, costs related to support from the EHR vendor, and productivity losses related to training needs (paying for overtime when staff have to work normal hours as well as go to training for the new EHR). Once the initial costs have been determined, the ongoing yearly costs are assessed as well. Then the …show more content…
DISCUSS THE DIFFERENCE BETWEEN A REQUEST FOR INFORMATION AND REQUEST FOR PROPOSAL.
A request for information (RFI) is the step before the request for proposal (RFP). In a RFI the facility is taking the first step to get details on what is available as far as EHRs. This may include (but not always) details of support, feedback from past clients, and general information without having to give too many details about the project. I like to think of it as the “flirting” stage where neither party is really invested yet but the vendor is vying for the facilities business by explaining how their product is the best suited for that project.
The RFP is a more formal request. It requires the facility to divulge details of the project that are not necessarily given out in the RFI stage. It is where the vendor usually tells the facility how much the costs are associated with the EHR. It is the next step in the “relationship” between the facility and vendor. This is where clarification and declaration of intent are expressed by both