Technology And Workplace Changes Essay

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Buying the Perfect Solution: Every vendor offers unique products or services that will meet your needs.  Describe how you differentiate between them?Selecting a vendor is in many ways like selecting a new car or any other appliance designed to meet the specific needs of a particular individual. Taking the product for a test drive is one of the most useful ways to determine if it will be genuinely helpful. This means it is necessary to, “Provide the vendor with patient and office scenarios that they may use to customize their product demonstration” (“Select or Upgrade,” 2017, par.3). It is also necessary to determine the feasibility of migrating data from the current system or upgrading once the system becomes obsolete. The level of support offered by the system should also be taken into consideration.

It is easy to be overwhelmed with information, however. In the healthcare IT market, EHR systems alone in 2014 comprised as many as 1,100 different vendors, all of which have different products available (Wade 2017). Although the market can seem bloated, it is important to remember that all providers have different needs. “The average hospital will need a system that allows different wings and internal/external services (labs, pharmacies, etc.)...

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Asking the vendor what types of facilities prefer to use the system may be useful; using the standard system favored by institutions in the same field of specialty may be a good indication of what is needed. Finally, size may also be a factor. Smaller practices may prefer systems more specifically tailored to their needs. They must also weigh the potential detriments of selecting a less expensive system versus one which may be more costly but has greater vendor support (Glenn, 2013). For practices without extensive IT staff, this may be a priority.
Managerial Accounting in the Information Age

Q1. How is the concept of incremental analysis used in decision making?

An incremental analysis is a decision-making technique used in business to determine the true cost difference between alternatives,” excluding sunk costs which cannot be recovered (“Incremental Analysis,” 2018, par.1). The purpose of such analysis is to determine the right decision based on costs in the here and now. Only relevant costs are given consideration for…

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