title: Infusing the capital review process with rigor and discipline.
abstract: Intermountain Healthcare gleaned four key insights from inside and outside the industry when reviewing best practices in capital decision making: Evidence-based decision making and disciplined analysis are as critical in healthcare finance as in any other industry. Comparing various scenarios under value-based payment allows for better modeling than does performing traditional, volume-based pro formas. Reviewing large capital projects at a granular level helps identify opportunities to add or subtract services. A comprehensive look-back process identifies lessons learned from approved projects-and helps ensure that proposals are defensible.
authors.forename: Clay
authors.initials: C
authors.lastname: Ashdown
authors.forename: Lynette
authors.initials: L
authors.lastname: Jasuta
mesh_terms: D002202:Capital Financing / Q000458:organization & administration*; D003659:Decision Making, Organizational; D007857:Leadership; D019982:Organizational Case Studies; D014589:Utah; D062505:Value-Based Purchasing