Capitala Expenses

In: Business and Management

Submitted By fgriswold
Words 3078
Pages 13
Capital Expenses

Financial Resource Management HSC571
July 21, 2014

Capital Expenses At Baptist Hospital Cancer Center it has been determined that a proposal for expenses for a digital imaging system is needed. This system is the BioVision by Faxitron. It is a Digital Surgical Biopsy Specimen Imaging System. The total cost is $99,875.00. With this acquisition it will include an instant corroboration of an effective biopsy procedure. This system has over twenty features. Some of these includes the 10cm x 15cm digital detector, high resolution 2.3 MP flat-panel LCD monitor, Ergonomic Keyboard, Transparent Imaging Door, 3 Hour Battery Backup Operation, Battery Life Indicator, Automatic Exposure, Automatic Calibration, 2 times Magnification, and DICOM compliant. The best feature will be the time saved in the operating room by using this imaging system. Additionally it includes one year warranty and one day of in-service training by a factory trained professional. This proposal explains how the acquiring of Faxitron’s BioVision is supported by the organizations goals and management needs and improving the financial well being of the Miami cancer center. The purpose for this report is to establish the need to invest in this system. The report will disclose financials and operating costs. The Baptist Hospital Cancer Center is a corporation that provides outpatient treatments to patients in its targeted area. Most of our patient about 85% to 90% will have health insurance or a medical cost reimbursement program. The lower cost it will attract patients who are paying for their own procedures, for example cosmetic cancer procedures. The center will offers outpatient services to adults and children in that targeted area. These services include consultation and outpatient procedures. A source for revenue for the surgery center is performing MRI,…...

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