Capital Purchase Justification

1:Choose a major capital piece of equipment to be used in the radiology department of a hospital (e.g., CAT scan, MRI, nuclear medicine camera, etc.). Next, research and choose a vendor. Vendors such as GE, Siemens, or others can be located on the Internet.

2:Request information on cost justification and ROI from the vendor.

3:Write a justification for capital purchase to your vice president as to why this would be a good investment for the hospital. Include the operating costs you took into consideration and what facility considerations are involved regarding this new piece of equipment.

4: Cite a minimum of three references to support your rationale.

 

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