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Capital Purchase Justification
Cielo Woggn
Grand Canyon University
240: Health Care Accounting and Billing
Jerry Perkins
April 4, 2021
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Capital Purchase Justification
Medical science has been increasingly evolving and been developed with patient
solutions in mind in an attempt to help save patient life and provide long-term solutions for the
patient to treat their condition. Every day, the progress in technologies in the world of health care
accelerates. For a number of reasons, it is important for medical facilities to integrate the newest
and best technologies into their facilities as a choice for their patients. It has reached the point
that healthcare facilities are urging new investments in cutting-edge technologies that will not
only help people obtain improved clinical results, but it will also provide the hospital an
advantage over the market by allowing them to deliver the progressive medical technology,
resulting in increased net benefit for the health care provider.These technological advances are
critical in the healthcare industry because they enable patients to get quality diagnostics and
treatment. With that in mind, as members of a healthcare team, it is our responsibility and duty to
provide our patients with the highest level of treatment possible, as well as access to the newest
technologies available in our hospital. As a member and employee of the hospital, I am aware
that our medical center has been considering enhancing our facilities by buying equipment for
the Radiology Department. MRI, or Magnetic Resonance Imaging, scanners from GE, General
Electric, are highly recommended. I'm also mindful that decisions like this have certain
implications that we as a healthcare facility must weigh, such as the new machine's operating
costs and the savings it will offer to our facility.
Magnetic Resonance Image (MRI)
In a health-care facility, MRI scanners are very popular, particularly in the Radiology
Department. MRI scanners are diagnostic instruments that allow doctors to display and analyze a
wider picture of a patient's internal structures (Westbrook & Talbot, 2009). Even though MRI
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