consider the current equipment we are using for detecting breast cancer for our female patients. With all of the advancements in the latest technology‚ it is a great disservice to our patients to use the computed radiography (CR) machines that are outdated. The CR machines are less accurate and are not as comfortable to our patients. I have researched and found a solution to our dilemma and I hope you find the information efficient. I also will attempt to provide you with enough important information
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Course: HCA-240 Health Care Accounting and Bills Capital Purchase Justification Mr. Vice President I know that the hospital has been trying to increase services by investing in new quality equipment for the radiology department. I would personally recommend that the hospital invest in General Electric Healthcare Magnetic Resonance Imaging (MRI) scanners. Furthermore‚ I completely understand that making such decisions require taking numerous factors into consideration‚ for instance‚ the price
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Capital Purchase Justification Grand Canyon University: HCA 530 July 10‚ 2013 This assignment requires justification to the vice president for approval to purchase a major piece of equipment for use in the radiology department of the hospital. My main objective is to provide valuable information to justify the cost as well as provide critical data that substantiates the ROI. Additionally‚ the report will have detailed information outlining the benefits that will assist in the decision
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Capital Purchase Justification Introduction According to the hospital’s five-year plan‚ an investment in capital equipment should boost the quality of services offered at the hospital. Many options of capital investments that hospital could invest in exist. However‚ this report recommends an investment in the MRI (Magnetic Resonance Imaging) equipment. This equipment involves a large capital investment upfront‚ but it can be profitable in the end. The hospital has considered factors such as the cost
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The Physics of an MRI Machine. Whitney Wright PH106/006 Dr. Probst 06/05/2012 The Physics of an MRI Machine There are many physical concepts used in a Magnetic Resonance Imaging‚ also known as MRI‚ machine. There are many physical concepts used when an MRI is taken of the body‚ such as; radio waves‚ resonance and pulse sequences‚ magnetic fields being produced and lastly‚ magnets. Radio waves much stronger than the magnetic field of the Earth are sent through
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Capital Project “A capital expenditure is a commitment of resources that is expected to provide benefits during a reasonably long period‚ at least two or more years” (Cleverly & Cameron‚ 2007‚ p. 397). Sometimes it can be difficult to determine the difference between a capital expenditure and a routine expense. A capital expenditure improves the value of the asset‚ whereas a routine expense is used for maintenance of that asset. For example‚ installation of a new bathroom in a
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INT. MRI MACHINE - DAY Morris lies on his back on the motorized bed‚ his eyes are closed. He has his head in a MRI phantom cradle. Padding is placed around his neck and body. A strap lies across his body. MRI TECHNICAN‚ presses a button on the MRI machine and Morris enters the machine head first. The sound of a door slams shut. MRI TECHNICAN (O.C.) (talking through an intercom) This scan will take 115 minutes. I’ll come in to give you contrast midway through‚ just don’t move. The MRI machine makes
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Capital Purchase Paper “A capital expenditure is a commitment of resources that is expected to provide benefits during a reasonably long period‚ at least two or more years” (Cleverley & Cameron‚ 2007‚ p. 397). Torrington Health and Rehabilitation Center a skilled nursing facility in Connecticut has determined that a capital expenditure of the implementation of electronic medical records (EMR) for the coming year is of importance. The cost of the undertaking will be approximately $200‚000. This
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New MRI Machine: Financial Analysis Bayside Memorial Hospital is considering purchasing a new MRI machine. In order for the hospital to purchase this piece of equipment they will need to analyize the financial aspects involved. Questions such as “Will the new machine increase revenue?”‚ “Does the hospital have enough money for the initial cost of the new machine?”‚ and “Will the revenue from the machine offset the costs associated with using it?” need to be answered in order for the hospital to
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Bringing MRI to Your Community Hospital A Community Hospital White Paper 04-201-XO-491_Bringing_MR5.qxd 12/10/04 10:05 AM Page 1 Bringing MRI to Your Community Hospital CONTENTS Introduction .............................................................................................. 1 Making the Business Case ..........................................................................2 The Business Plan ..........................................................................................2 Reasons
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