| Expenses/Cost | Initial cost | FY1 | FY2 | FY3 | FY4 | FY5 | | Total (5Years) XCD |
| Startup Expenses |
| Software Licenses | $160,000 | | $180,000 | | | $200,000.00 |
| Training (staff) | $217,000 | 0 | 0 | 0 | 0 | 0 |
| Hardware & Software setup | $294,117 | 0 | 0 | 0 | 0 |
| Other hardware (including peripherals) | $30,000 | | 0 | | | $60,000 |
| Server | $115,000 | | $55,000.00 | | | $55,000.00 |
| 3rd party interface | $30,000 |
| Cost/procedure at $25/procedure x 150 | $3,750 |
| Contingency, 20% | $110,000 |
| Total Expenses | $959,867 | | $235,000 | | | $315,000.00 | | $1,509,867 |
| Revenue /Benefits |
| New medical record creation | | $111,664 | $204,093 | $204,093 | $204,093 | $204,093 |
| Software support | | $45,000 | | $50,000 | | $50,000.00 |
| Improved coding | | $20,000 | $22,000.00 | $22,000.00 | $22,000.00 | $22,000.00 |
| Charge capture | | $32,880 | $32,880 | $32,880 | $32,880 | $32,880 |
| Chart management | | $45,000 | $50,000.00 | $50,000 | $50,000.00 | $50,000.00 |
| Contingency, 20% | | $11,000 | | $15,000 | | $15,000.00 |
| Total Expenses | | $265,544 | $308,973 | $373,973 | $308,973 | $373,973 | | $1,631,436 |
| ROI |
| Invested Amount | $1,509,867.00 |
| Returned Amount | $1,631,436 |
| Gain/Loss | $121,569.00 |
| ROI | 8.05% |
| Annual Return | 1.56% |
Vincy
ExpenseandrevenueforEMR.xlsx
