HCS 571 WEEK 4 Section I of the Capital Project

Section I of the Capital Project Assignment – Write a 3,000- to 3,500-word paper in which you complete the following:

• Research a capital purchase, costing more than $5,000, which your company could benefit from. Examples include a new X-ray machine, a Magnetic Resonance Image (MRI) processor, software for filing patient records, a research library, or any large item that your company might use.
• Identify the management goals that expenditure would support. Management goals might include revenue, improvement, productivity, quality assurance, employee development, or management services consultant packages.
• Explain how the item could enhance the economic environment of the organization.
• Identify the organizational goals the expenditure would support. Goals might include patient care, medical and allied health education, community service, cost containment, leadership role, and clinical research.
• Explain how the expenditure would relate to the needs of the organization. Explain how it would be beneficial to the organization.
• Justify the expense to the organization. Relate the reasons to the hospital goals, including departmental and management goals, and how the acquisition would be beneficial.

Format your Section I of the Capital Project Assignment paper consistent with APA guidelines.

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HCS 571 WEEK 6 Sections II, III, & IV of the Capital Project

Section II: Establishing Acceptability

Write a 1,050- to 1,200-word paper in which you include the following:

• Complete and discuss the results of the acceptability of the item for key stakeholders.
• Respond based on research to the purchase and use of the items at other organizations.
• Determine organizational risk and compliance issues related to the purchase and use of the capital item.
• Recommend risk avoidance strategies.
• Explain management roles and risks in accordance to compliance.

Format your paper consistent with APA guidelines.

Section III: Economic Feasibility

Create a budget that demonstrates the effect of the capital purchase on the service line, including the productivity of the service line.

Complete a financial analysis of the capital expenditure. Provide responses in a Microsoft® Excel® spreadsheet.

Create a pro forma summary sheet showing the net revenue and +cost impact of purchasing this item.

Section IV: Final Project Summary

Write a 1,200-word executive summary for the justification and include it at the beginning of the paper. Attach the financial statement.

Format your paper consistent with APA guidelines.

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