Capital planning can mean life or death to the healthcare provider.
Capital planning is a necessary framework for ensuring the financial and strategic viability of a healthcare organization. The organization that can respond to the marketplace with logical and informed financial decisions will have a significant competitive edge. Internally, the capital plan can help to provide focus and momentum to the overall strategic plan by creating a bridge between strategies and action. Capital planning enables management to gain control of the capital acquisition process and proceed confidently toward its goals.
D002201:Capital Expenditures; D004467:Economics; D005376:Financial Management / Q000379:methods*; D005377:Financial Management, Hospital / Q000379:methods*; D006739:Hospital Administration / Q000191:economics*; D006752:Hospital Planning / Q000191:economics*; D006754:Hospital Restructuring / Q000191:economics*; D010934:Planning Techniques; D014481:United States