Capital budgeting is an essential process for healthcare organizations. The challenge in quality and patient safety organizations is proving return on the capital investment without revenue impacts.

Describe the capital item in detail:

Item description

Rationale for selection

Cost-benefit analysis

Complete a capital budget with projected financial benefit:

Revenue or positive financial impact

Capital equipment cost

Personnel cost

Supply cost

Review financial ratios

Return on investment

Net Present Value

Cash Payback period

Make a recommendation to lease or finance the capital item. Please support your decision with financial data.

(1000 WORDS Required)