Strategic options in capital budgeting and program selection under fee-for-service and managed care.
Many assets and projects provide value to organizations in excess of the direct and indirect cash flows that they generate. Under pure capitation, the link between individual investment decisions and future cash flows is completely severed. Including the value of strategic options enhances the usefulness of the capital budgeting process for health care organizations and provides a means of adapting that process to managed care settings.
Magiera
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FT
Department of Accounting and Finance, National University of Diego, CA, USA.
McLean
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RA
D002017:Budgets; D002204:Capitation Fee; D003362:Cost-Benefit Analysis; D018588:Fee-for-Service Plans / Q000191:economics*; D005376:Financial Management; D006801:Humans; D007449:Investments; D007669:Kidney Calculi / Q000628:therapy; D008096:Lithotripsy / Q000191:economics; D008329:Managed Care Programs / Q000191:economics*; D008952:Mobile Health Units / Q000191:economics; D018803:Models, Economic; D010934:Planning Techniques; D014481:United States