Cost and Benefit Analysis

Costs:

Item Quantity Estimated Total Cost

Cost
Computer Equipment:
Desktop Computer 2 21,000.00 42,000.00
Server 1 50,000.00 50,000.00
Printer 1 3,000.00 3,000.00
Installation and Networking
Labor - 10,000.00 10,000.00
Training Cost:
Admin 1 person 3,500.00 3,500.00
Medical Staff 3 persons 2,000.00 6,000.00
Other Costs:
Application Functionality - 20,000.00 20,000.00
Maintenance Plan - 20,000.00 20,000.00
Bug fix (During the first - 5,000.00 5,000.00
month)
Electricity 12 months 5,000.00 50,000.00
TOTAL COST: 209,500.00

Benefits:
Item Estimate Benefit per Year
More ability to manage patient records 50,000.00
Improved efficiency and reliability data 100,000.00
Reduce work force 80,000.00
Tracking the records easily by Admin and Staff 80,000.00
TOTAL BENEFITS: 310,000.00

Return of Investment:
ROI = ((Benefits - Cost) / Cost) * 100
ROI = ((310,000.00 - 209,500.00)/ 209,500.00) * 100
ROI = (0.48) * 100
ROI = 48% per year