The total cost of computer hardware and software is accounted for within the capital expenditures in the healthcare organization’s financial budget and can be reduced over years to come. Receiving in-kind donations, contributions, or grants should be figured in for this classification, with the price of the donations being the main factor. Also, there might be a labor factor that should be calculated in to establish the overall acquisition cost. Since, technology requests usually demand specialized expertise and knowledge, colleagues of the technological team or external consultants might be required as essential participant of the process, but this would include an opportunity expense or a total consulting expense. Furthermore, acquisition expenses …show more content…
It’s very crucial that the technology proposal includes these recurrent expenses established not only on current amounts, but also on the healthcare organizations’ future situation. In general, upcoming planning expenses have to account the employee’s resources that are required to meet the organizations’ needs. This would entail the support of administrative employee for the technology, overall technical support to maintain the organization’s growth and management capacity to maintain the organization’s strategic planning. This could be kept in-house or given to outside cohorts, but the expense implications of both models must be assessed as a component of the planning process. A lot of work and time should be set aside so the organization can isolate known and estimated expenses and develop and create them within the general organizational plan so they everyone know what they will need to pay for and when. If at all possible, the organizations investments will start to give them economies of scale or additional savings over the years (Nourse,