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HCS 571 WEEK 4: Section I of the Capital Project Assignment

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.
Submit your Section I of the Capital Project Assignment.
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HCS 571 WEEK 6 Sections II, III, & IV of the Capital Project
Section II: Establishing Acceptability

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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.
Click the Assignment Files tab to submit your assignment.

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