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Explain how the financing option works

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Jonathan is the CFO at a large healthcare organization in the Midwest. Today, the executive board is getting together to look at the strategic initiatives for the next fiscal year. Mary, the CEO, discussed the need for the organization to increase access and grow its population health program to be successful in the value-based care model. Jonathan reminds the group that due to the cost of the organization's EHR implementation, the organization has not had funds to contribute to capital projects, and in order to accomplish this, they will need to update some of their IT hardware along with increasing their stock of wearable devices to be able to monitor patients remotely.

Explain how the financing option works and why it is the most viable option compared to the other available options.

Reference no: EM133200579

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