SWOT Analysis for the Use of EHR in Healthcare

Technology Trend SWOT Analysis
Perceived strengths	Its use in healthcare settings enables quick and timely access to patient information, saving time and increasing efficiency. The ease of access improves clinical workflow.
	The technology enhances the quality of decision-making because it can 8incoporate other activities like intelligence and decision support systems.
Perceived weaknesses	Lack of infrastructure and hardware within the system to accommodate the effective implementation of the technology.
	The technology increases operational costs through implementation and may not return on investment benefits to the facility.
Perceived opportunities	It can facilitate sharing of information between departments and accessibility to health statistics instantly within a facility.
	The technology can improve the efficiency of data storage, increasing the quality of the data and enhancing communication within the facility. Health records for large populations can be easily stored in one platform.
Perceived threats	Lack of strategic planning in the implementation of EHR practice results in employees’ resistance to using the technology.
	The technology is prone to technical failures and raises concerns about the confidentiality and privacy of patients’ data.

The Selection and Acquisition Process of an EHR System

Before implementing an EHR technology in practice, executives research to facilitate effective selection and acquisition of the most influential technology. Facilities frequently struggle with deciding which EHR to use. Establishing a rigorous EHR selection approach is a proven and verified technique to tackle the challenge. Practices may avoid a lot of the difficulties of selecting or changing an EHR by adopting a dependable approach that can gather information during the selection process. An effective selection process is a data collection procedure that develops a selection criterion that integrates input from all practicing stakeholders to generate a set of EHR elements that effectively correspond to the firm’s objectives (Zarour et al. 2020).

The first phase in the procedure is the needed assessment or identifying a firm’s EHR requirements of a system. The selection criteria by which a practice can assess an EHR system are derived from the requirement-collecting process. Individual factors determine which EHR system should be used at a facility. They examine if an EHR is appropriate for the organization’s size and whether it is cost-effective. Also, check to see if the service’s workflows are equipped to accommodate the expected number of patients. Finally, an organization must assess which system provides the finest resources for patients. The executive s must also consider the security levels for protecting patients’ data if the system is implemented. It is essential because facilities must safeguard patients’ data.

The Stakeholders Involved in the Process and Their Impact on the Purchase

Stakeholders engaged in the process are individuals or groups of people with valuable insights into the operations of an EHR system. They can offer beneficial information about the economic or clinical effectiveness of the system. They also include people whose efficiency is influenced by an EHR system decision, who are examples of stakeholders in the selection process (Shi et al. 2020). There are five main stakeholders consulted in this process: clinicians, office staff, billing teams, executives/ board members, and the marketing team. Clinicians are consulted to test the system before implementation because they serve on the frontlines of care provision in a facility. They provide insight into the workflow processes, design, and support, aiding in selecting the most appropriate technology.

The office staff is consulted in the selection process because they are responsible for inputting all the patient’s data into the system within a facility. They test the ease, completeness, and efficiency of data entry into the system. They offer insight into potential challenges and opportunities regarding wait time issues and the channeling of patients to professionals. The billing team is responsible for accessing how the EHR system can be integrated with the existing billing systems (Colquhoun et al., 2020). They access the speed and accuracy of billing processing using the technology. Board members are responsible for the overall finances and management of a facility. They offer insight into the potential value addition of a system by reducing costs and increasing revenues. They are consulted to provide insight into the potential of a system in enhancing return on investment rather than selecting based on price only.

The marketing team is consulted to give insight into the effectiveness of features within the system in facilitating enhanced communication between patients and professionals. They access the system’s potential to schedule appointments and create a platform for communication within a facility. The complete SWOT analysis will be used to implement the technology to define potential strengths, weaknesses, threats, and opportunities arising from implementing the EHR technology. It is used to help the stakeholders prepare for future needs that may arise from implementing the technology in practice. It provides a clear overview of essential metrics needed for effectiveness, performance, and success in delivering quality patient care.

The technology selection is based on the importance of EHR in facilitating access to patients’ information under one platform and its capacity to enable coordination from different departments, enhancing communication in the facility. It is an essential technology because it helps professionals diagnose patients efficiently and provides safer care by reducing medical errors through safer prescriptions based on patients’ data. Using technology in practice facilitates fast, safer, reliable, and informed decisions in care delivery through enhanced communication and information sharing among professionals within a facility.

References

Zarour, M., Ansari, M. T. J., Alenezi, M., Sarkar, A. K., Faizan, M., Agrawal, A., … & Khan, R. A. (2020). Evaluating the impact of blockchain models for secure and trustworthy electronic healthcare records. IEEE Access, 8, 157959-157973.

Shi, S., He, D., Li, L., Kumar, N., Khan, M. K., & Choo, K. K. R. (2020). Applications of blockchain in ensuring the security and privacy of electronic health record systems: A survey. Computers & Security, 101966.

Colquhoun, D. A., Shanks, A. M., Kapeles, S. R., Shah, N., Saager, L., Vaughn, M. T., … & Mathis, M. R. (2020). Considerations for integration of perioperative electronic health records across institutions for research and quality improvement: the approach taken by the Multicenter Perioperative Outcomes Group. Anesthesia and analgesia, 130(5), 1133.

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Question

As a healthcare manager, it is important to understand technology options that positively impact healthcare organizations. Reflect on the Week One Evaluation Chart and select one of the technology trends you researched for the assignment.

SWOT Analysis for the Use of EHR in Healthcare

Part l: SWOT Analysis

Complete the SWOT Analysis Template.

Part II: Summary

Write a 350- to 700-word summary that incorporates the key components of the completed SWOT analysis for the technology trend selected in which you explain:

The selection and acquisition process of new technology
The stakeholders involved in the process and their impact on the purchase
How the completed SWOT analysis will be used in the selection process
Why you have selected this technology
The goal of the technology

SWOT Analysis for the Use of EHR in Healthcare