Capital Investment Decisions” Please respond to the following:
- Assume that you are an administrator for a hospital, and you need to acquire
a new technology system so that you may comply with regulatory requirements.
Create an argument to be presented to the leadership team in which you justify
the need to invest in technology overall. Indicate the value to the organization
and provide support for your argument.
- During the hospital budgeting process, two (2) projects were presented with
the same return on investment. One (1) project involves investment in equipment
to improve patient care, while the other involves investment in technology for
compliance with regulatory requirements. Determine which of the two (2) projects
you believe should be funded, and provide a rationale for the selection.