Assignmen hca 311 1
Assignment Ibrahim Bawa HCA 311 Dr. Shon: Alshondrea Denton 07/22/2014
Capital investment decisions are among the most important decisions made by healthcare centers. The organization often determine the capacity for providing services to patient and if there is need for expansion, they commit the organizational cash towards that investment. The role of chief financial officers of the organization is always very important because he/her will reveal the capital investment strategies. Still, there is substantial variation in capital budgeting techniques, methods of risk adjustment, and the importance of qualitative considerations in investment decision making. There is also variation in delegation of investment decision making to operating units and methods of performance evaluation. Health care systems face the same challenges as other organizations in developing and implementing capital investment strategies that use consistent methods for evaluation of projects that have inconsistent aim and outcome (Smith & Wheeler, 2000)
It’s quite encouraging that our healthcare facility strives to give the best to the patient that visits us on a daily basis and as part of our vision and mission to expand our facility through quality care and on time care for people that visits the center on daily basis, requires more commitment to make our healthcare center among the top three in America but to actualize or to make it reality, we need more and long-term capital investment in other to achieve that goal. Because of my role as an investment officer, I have being working close with the various departments and I discovered we needed to invest on infrastructures, more bed units and invest on MRI machines,.
Our
Capital investment decisions are among the most important decisions made by healthcare centers. The organization often determine the capacity for providing services to patient and if there is need for expansion, they commit the organizational cash towards that investment. The role of chief financial officers of the organization is always very important because he/her will reveal the capital investment strategies. Still, there is substantial variation in capital budgeting techniques, methods of risk adjustment, and the importance of qualitative considerations in investment decision making. There is also variation in delegation of investment decision making to operating units and methods of performance evaluation. Health care systems face the same challenges as other organizations in developing and implementing capital investment strategies that use consistent methods for evaluation of projects that have inconsistent aim and outcome (Smith & Wheeler, 2000)
It’s quite encouraging that our healthcare facility strives to give the best to the patient that visits us on a daily basis and as part of our vision and mission to expand our facility through quality care and on time care for people that visits the center on daily basis, requires more commitment to make our healthcare center among the top three in America but to actualize or to make it reality, we need more and long-term capital investment in other to achieve that goal. Because of my role as an investment officer, I have being working close with the various departments and I discovered we needed to invest on infrastructures, more bed units and invest on MRI machines,.
Our