This paper concentrates on the primary theme of 1. Why do health care organizations need to develop capital budgets? How many years need to be included and why? in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 79. For more details and full access to the paper, please refer to the site.
Healthcare Capital Budgeting and Patient Consensus
1. Why do healthcare organizations need to develop capital budgets? How many years need to be included and why?
2. What are the consequences to a healthcare organization that does not have the financial position to execute any capital spending?
3. If a hospital has an average patient census at approximately 50% of capacity, should they consider taking on an HMO population that will increase their census by about 15%, but will only reimburse an average of 2% above total cost (fixed and variable)? Explain your answer.