NEED vs. WANTCam Recommendation
This is probably a big can of worms, but I'll jump first.
The LT4 Hot cam is designed for a car that is at least 500 lbs. lighter and operating in the 4,000 - 6,000 RPM range most of the time. That is definitely not a description of our B-Body cars. Unless you are getting one dirt cheap, there are better choices than the LT4 Hot cam.
That said, what you need will be bigger injectors -- 30-lb per hour will be fine, 1.6 ratio rockers to go with the cam and a PCM flash.
You may want a 52 mm throttle body (58 mm would be overkill for this application) and a higher flowing fuel pump, like a Walbro 225.
This assumes you already have a cold air intake and headers w/ cat-back exhaust. I think you can expect an increase of about 20 HP, but that would be if you spend most of your time running at 4,000 RPM or above.
Honestly, with any cam you will want bigger injectors and a custom PCM flash. Beyond that, it's what you want to add to the build. A Comp Cam 304, 305 or 501 will will give you more power and more torque cat lower RPM, and will feel much better to drive. I would suggest going to the Comp Cam website, going to the Tech Support tab and then clicking on Cam Recommendation.
Like I said at the beginning, unless you are getting the LT4 Hot Cam dirt cheap, there are better options.