Description
Capital budgeting is an essential process for healthcare organizations. The challenge in quality and patient safety organizations is proving return on the capital investment without revenue impacts.
Select a capital investment that you would recommend making for a patient safety concern. In a 10-12 slide PowerPoint Presentation address the following requirements:
Describe the capital item in detail:
Item description
Rationale for selection
Cost-benefit analysis
Complete a capital budget with projected financial benefit:
Revenue or positive financial impact
Capital equipment cost
Personnel cost
Supply cost
Review financial ratios
Return on investment
Net Present Value
Cash Payback period
Make a recommendation to lease or finance the capital item. Please support your decision with financial data.
