All healthcare organizations must convert to an Electronic Health Record (EHR) system within the next year. This is a major capital expense that will cost many healthcare organizations millions of dollars. Purchasing an EHR system will undoubtedly require the acquisition and use of long-term assets under a capital budget. Prepare a proposal, addressed to the hospital’s management, for financing a 1.5 million dollar EHR system for your local hospital. Be sure to include a strategic plan for financing, implementing, and controlling/monitoring the new system.