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Background
Wanting to surface as many good ideas as possible, your organization has invited all employees to submit capital budget proposals that would help the organization respond to industry trends and achieve its mission and strategic goals. Employees who submit a proposal that is accepted for implementation will receive a $2,500 bonus.
Review the website and financial statements from your organization (the organization you have selected for your final project—Venice Family Clinic ( https://venicefamilyclinic.org/ ). Identify a capital budget item that you will use as the basis of your capital budget proposal. Keep in mind that the premise of a capital budget item is one that costs over $5,000 and has an estimated useful life of five years.
Prompt
Identify a capital budget asset or expenditure that you will use for your department’s proposal and provide a rationale that analyzes the benefits to the organization. Discuss how the purchase could generate revenue or result in increased efficiency or cost savings for your organization.
Examples:
Purchase of a transport van to assist patients in reaching their appointments
Purchase of a vehicle for healthcare providers to drive to multiple off-site clinics
Purchase of a shuttle van for assisting patients to and from the parking lot
Purchase of an additional IT server to support the new home monitoring program
Purchase of a generator and refrigerator/freezer monitoring system for the clinic to ensure expensive vaccines are maintained at appropriate refrigeration temperatures
Purchase of a Tru-D robotic ultraviolet light system for quick whole-room disinfection
Not to Be Considered:
Purchase of a new building for millions of dollars
Purchase or lease of a new EMR system for hundreds of thousands of dollars
Purchase of a helicopter
Construction of a new building for millions of dollars
Purchase of cell phones and diabetes app for every patient of the clinic in the greater Boston area
Order from us for quality, customized work in due time of your choice.