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Capital Budgeting Analysis For Medical Equipment
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Book Synopsis Capital Budgeting Analysis for Medical Equipment by : Aris Tzavaras
Download or read book Capital Budgeting Analysis for Medical Equipment written by Aris Tzavaras and published by CreateSpace. This book was released on 2013-10 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive "users manual" for analyzing a medical imaging capital budget project. The book utilizes a step by step approach based on a case scenario for introducing the concept of medical equipment capital budgeting assessment and evaluation. The case scenario is the acquisition of an MRI equipment by a for-profit hospital. The target audience is students and professionals involved into consulting, managing, planning and assessment of health care financial investments. Although traditionally health care finance books introduce the principles of capital budgeting methods and then advance to investment evaluation approaches, this book attempts a different approach. It utilizes as a vehicle a case base scenario for becoming the reader's "user manual" in evaluating capital budgeting decisions. It is written in a format, that the reader could replicate for directly applying it to his/hers specific problem.
Book Synopsis Proposal for Capital Budgeting, Hurley Medical Center, Flint, Michigan by : John R. Graham
Download or read book Proposal for Capital Budgeting, Hurley Medical Center, Flint, Michigan written by John R. Graham and published by . This book was released on 1979 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Comparative Analysis of Capital Equipment Budgeting Systems in Health Care Institutions by : Bruce Edwin Talcott
Download or read book Comparative Analysis of Capital Equipment Budgeting Systems in Health Care Institutions written by Bruce Edwin Talcott and published by . This book was released on 1974 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: The thesis presents a study of capital equipment investment budgeting procedures in the health care industry. It discusses capital equipment investment philosophy in general, and addresses a few of the contemporary problems and corresponding solutions contained in current health-care literature. The thesis also describes the specific capital equipment budgeting systems of three segments of the health-care industry; Navy hospitals, Veterans Administration hospitals, and non-federal hospitals. Three case studies in capital equipment budgeting - Naval Regional Medical Center, Oakland; Veterans Administration Hospital, Martinez; and Fairmont General Hospital, Alameda County - are presented to illustrate each of the three segments addressed. (Author).
Book Synopsis Practical Budgeting for Health Care: A Concise Guide by : Thomas K. Ross
Download or read book Practical Budgeting for Health Care: A Concise Guide written by Thomas K. Ross and published by Jones & Bartlett Learning. This book was released on 2020-10-01 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the growing importance of budgeting and budget analysis in today's outcome-value oriented healthcare environment, there is an ever-increasing need to provide today's healthcare students with budgeting skills they need to be successful. While most healthcare finance texts include a chapter on budgeting, this coverage is often insufficient to adequately prepare them, as future financial managers, for the demands of upper management. A great supplement to a wide range of finance, economics, and accounting courses across the health disciplines, Practical Budgeting for Health Care: A Concise Guide covers the full scope of budgeting and budget analysis–from incremental budgeting, forecasting, and flexible budgeting, to variance analysis, capital budgeting, and more–providing students with the information and skills they'll need to budget effectively. Key Features ? Includes step-by-step instructions on constructing budgets, focusing on incremental and flexible budgeting, the two mos
Book Synopsis Comparative Analysis of Capital Equipment by : Bruce Edwin Talcott
Download or read book Comparative Analysis of Capital Equipment written by Bruce Edwin Talcott and published by . This book was released on 1974 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Comparative Analysis of Capital Equipment Budgeting Systems in Health Care Instutitions by : Bruce Edwin Talcott
Download or read book Comparative Analysis of Capital Equipment Budgeting Systems in Health Care Instutitions written by Bruce Edwin Talcott and published by . This book was released on 1974 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Equipment Replacement Aspects of Capital Budgeting by : Barry Shore
Download or read book The Equipment Replacement Aspects of Capital Budgeting written by Barry Shore and published by . This book was released on 1970 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Risk-Based Technology Assessment for Capital Equipment Acquisition Decisions in Small Firms by : Samuel P. Merriweather
Download or read book Risk-Based Technology Assessment for Capital Equipment Acquisition Decisions in Small Firms written by Samuel P. Merriweather and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Companies and organizations must make decisions concerning capital budgeting. Capital budgeting is a decision-making process that determines whether a firm should purchase equipment to be used on a long-term basis. The initial investment in the equipment is predicted to be returned through revenue gained by the use of the equipment over its lifetime. However, there is inherent risk associated with these investment decisions. Therefore, potential purchasers must decide whether the risk involved with investing in the equipment is justified. This dissertation addresses risk-based technology assessment for capital equipment acquisition decisions in small firms. Technology assessment, here, is concerned with understanding the uncertainty associated with assessing the value predicted in the capital budgeting process. When analyzing the risk for a given technology, we assign a probability law to its net present value. Our primary research contribution is providing an analytical framework together with a computational strategy to support capital equipment budgeting in firms where the value of candidate technologies can represent nearly all the firm's value. Since small firms typically have limited budgets, spending for technology is always a difficult budgeting decision. The organization's administration must decide which, if any, among the available technologies will be best for their operation. The process for acquiring technology in many small firms can be filled with challenges. Most important among them is that capital budgeting is typically a "one-off" decision. These decisions are difficult since the candidate technologies may not have operational data available. Thus, decision makers need some means to predict how the proposed technology (e.g., equipment or machinery) will be used. Hence, firms should follow techniques and procedures based on appropriate normative principles and well-established theory. Senior company executives and/or governance boards are often authorized to approve capital equipment purchases. However, these company leaders may not have adequate expertise in the operations of candidate technologies or may lack the understanding necessary to determine how new technologies may impact other company operations. Appropriate financial evaluation measures and selection criteria that incorporate risk are critical to making sound, quantitative acquisition decisions. The research reported here offers an analytical framework for comparing different technology alternatives in capital budgeting decisions. Comparison is based on the expected net present value and the risk (i.e., probability law on net present value) associated with each decision alternative. To this end, the operational characteristics of each technology alternative are connected to their potential revenue and cost streams. The framework is embedded within a computational architecture that can be customized to account for operations and technologies in specific application scenarios. One major barrier addressed by this research is overcoming the fact that new technologies typically have no historical operational data. Therefore, characterizing the uncertainty of operations (e.g., distribution of the equipment lifetime) can be very difficult. Discrete- event simulation is used to generate potential revenue and cost estimates. We demonstrate the tractability and practicality of the analytical framework and computational architecture via a healthcare technology assessment decision. Data extracted from a published journal article detailing a hospital's technology assessment decision are used to find the risk of the medical technology using the computational architecture developed. Widely-available, no-cost software tools are employed. Results of the health care example suggest that the financial analysis in the original technology assessment was inadequate and simplistic. Small firms may find this research particularly beneficial because potential investments can be a significant portion of a small firm's value. The electronic version of this dissertation is accessible from http://hdl.handle.net/1969.1/151392
Download or read book Capital Budgeting written by Joel Dean and published by . This book was released on 1951 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Analysis of Hospital Investment Trends in Medical Equipment by : William W. Claycombe
Download or read book Analysis of Hospital Investment Trends in Medical Equipment written by William W. Claycombe and published by . This book was released on 1970 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Health System Efficiency by : Jonathan Cylus
Download or read book Health System Efficiency written by Jonathan Cylus and published by Health Policy. This book was released on 2016-12-15 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book the authors explore the state of the art on efficiency measurement in health systems and international experts offer insights into the pitfalls and potential associated with various measurement techniques. The authors show that: - The core idea of efficiency is easy to understand in principle - maximizing valued outputs relative to inputs, but is often difficult to make operational in real-life situations - There have been numerous advances in data collection and availability, as well as innovative methodological approaches that give valuable insights into how efficiently health care is delivered - Our simple analytical framework can facilitate the development and interpretation of efficiency indicators.
Book Synopsis Medical Devices and Equipment Competitive Conditions Affecting U.S. Trade in Japan and Other Principal Foreign Markets, Inv. 332-474 by :
Download or read book Medical Devices and Equipment Competitive Conditions Affecting U.S. Trade in Japan and Other Principal Foreign Markets, Inv. 332-474 written by and published by DIANE Publishing. This book was released on with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Clinical Engineering Handbook by : Joseph F. Dyro
Download or read book Clinical Engineering Handbook written by Joseph F. Dyro and published by Academic Press. This book was released on 2004-08-27 with total page 696 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the biomedical engineering field expands throughout the world, clinical engineers play an ever more important role as the translator between the worlds of the medical, engineering, and business professionals. They influence procedure and policy at research facilities, universities and private and government agencies including the Food and Drug Administration and the World Health Organization. Clinical engineers were key players in calming the hysteria over electrical safety in the 1970s and Y2K at the turn of the century and continue to work for medical safety. This title brings together all the important aspects of Clinical Engineering. It provides the reader with prospects for the future of clinical engineering as well as guidelines and standards for best practice around the world.
Author :David E. Marcinko, MBA, CFP, CMP Publisher :Springer Publishing Company ISBN 13 :0826105769 Total Pages :785 pages Book Rating :4.8/5 (261 download)
Book Synopsis The Business of Medical Practice by : David E. Marcinko, MBA, CFP, CMP
Download or read book The Business of Medical Practice written by David E. Marcinko, MBA, CFP, CMP and published by Springer Publishing Company. This book was released on 2010-12-15 with total page 785 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for the previous edition: "This comprehensive multi-authored text contains over 450 pages of highly specific and well-documented information that will be interest to physicians in private practice, academics, and in medical management. . . [Chapters are] readable, concise yet complete, and well developed. I could have used a book like this in the past, I will certainly refer to it frequently now." 4 stars Carol EH Scott-Conner, MD, PhD, MBA American College of Physician Executives Does Health 2.0 enhance or detract from traditional medical care delivery, and can private practice business models survive? How does transparent business information and reimbursement data impact the modern competitive healthcare scene? How are medical practices, clinics, and physicians evolving as a result of rapid health- and non-health-related technology change? Does transparent quality information affect the private practice ecosystem? Answering these questions and more, this newly updated and revised edition is an essential tool for doctors, nurses, and healthcare administrators; management and business consultants; accountants; and medical, dental, business, and healthcare administration graduate and doctoral students. Written in plain language using nontechnical jargon, the text presents a progressive discussion of management and operation strategies. It incorporates prose, news reports, and regulatory and academic perspectives with Health 2.0 examples, and blog and internet links, as well as charts, tables, diagrams, and Web site references, resulting in an all-encompassing resource. It integrates various medical practice business disciplines-from finance and economics to marketing to the strategic management sciences-to improve patient outcomes and achieve best practices in the healthcare administration field. With contributions by a world-class team of expert authors, the third edition covers brand-new information, including: The impact of Web 2.0 technologies on the healthcare industry Internal office controls for preventing fraud and abuse Physician compensation with pay-for-performance trend analysis Healthcare marketing, advertising, CRM, and public relations eMRs, mobile IT systems, medical devices, and cloud computing and much more!
Book Synopsis Management of Medical Technology by : Joseph D. Bronzino
Download or read book Management of Medical Technology written by Joseph D. Bronzino and published by Butterworth-Heinemann. This book was released on 2014-06-28 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: Management of Medical Technology: A Primer for Clinical Engineers introduces and examines the functions and activities of clinical engineering within the medical environment of the modern hospital. The book provides insight into the role that clinical engineers play in the management of medical technology. Topics covered include the history, job functions, and the professionalization of clinical engineering; safety in the clinical environment; management of hospital equipment; assessment and acquisition of medical technologies; preparation of a business plan for the clinical engineering department; and the moral and ethical issues that surround the delivery of health-care. Clinical engineers and biomedical engineers will find the book as a great reference material.
Book Synopsis Health Care Financial Management by : Montague Brown
Download or read book Health Care Financial Management written by Montague Brown and published by Jones & Bartlett Learning. This book was released on 1992 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Here is a compilation of strategies and methods for health care financ ial management. How-to guidance for techniques for better budgeting us ing flexible budget variance analysis, cost prediction simulation in C ON review, discount rates for capital expenditure analysis, and more a re included. Other topics covered are downsizing, product costing, dep artmental P&Ls, cost accounting, the role of the chief financial offic er, and more. Anyone involved in the financial aspects of a health car e organization will find this volume a handy reference of the most suc cessful techniques in use today.
Book Synopsis The Implications of Cost-effectiveness Analysis of Medical Technology by :
Download or read book The Implications of Cost-effectiveness Analysis of Medical Technology written by and published by DIANE Publishing. This book was released on 1980 with total page 505 pages. Available in PDF, EPUB and Kindle. Book excerpt:
