Question

A clinic moves their EHR to the cloud. The total investment is $25,000 ( software $15,000,...

A clinic moves their EHR to the cloud. The total investment is $25,000 ( software $15,000, IT Support & Deployment $5,000, Training & Maintenance $5,000) Payback is 2 years. Total revenue was $48,225,993, total functional expenses are $44,242,674, cash and equivalents are $8,672,704

Create a projected departmental budget for the next year

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Answer #1
Description Amount($)
Cash and equivalents 8,672,704
Total revenue 48,225,993
CASH INFLOW 5,68,98,697
Total functional expenses 44242674
software 15000
IT Support & Deployment 5000
Training & Maintenance 5000
CASH OUTFLOW 44,267,674
Cumulative Cash Flow -25000
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