Capital Purchase Justification

Details:

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 (750-1,000 words) 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.