The healthcare executive's guide to allocating capital / Jason H. Sussman.

Format:

Book

Author/Creator:

Sussman, Jason H.

Series:

Management series (Ann Arbor, Mich.)

American College of Healthcare Executives management series

Language:

English

Subjects (All):

Capital.

Medical care--Finance.

Medical care.

Physical Description:

xvii, 146 p. : ill.

Place of Publication:

Chicago, IL : Health Administration Press, c2007.

Language Note:

English

Summary:

Faced with more capital needs than available dollars, healthcare executives frequently struggle with making capital spending decisions. These decisions have lasting implications, and weighing the options can be a complex and daunting process. The Healthcare Executive's Guide to Allocating Capital can ease the anxiety involved with making capital spending decisions. This straightforward guide provides a step-by-step approach to capital allocation and management that can be used in all healthcare organizations--from small community hospitals to large healthcare systems. Learn how to overcome many common challenges including accurately calculating capital availability, determining the metrics to be used to review projects, defining decision-making authority, and integrating decisions into strategic and financial planning. Real-life examples illustrate how to apply best-practice capital management in a variety of settings. Use the strategies and tools in this book to improve the success of your capital management decision making, reduce the stress involved in making difficult investment choices, and manage the implementation of approved projects. Topics covered include: Linking capital allocation to strategic and financial planning processes Determining how much capital can be spent in the near-term and long-term Using quantitative and qualitative criteria to evaluate and rank capital requests Standardizing methods for analyzing capital requests Allocating and managing non-project capital needs Ensuring allocation of capital to non-revenue producing projects Addressing emergency requests for capital Tracking and managing capital projects after they are approved

Contents:

Intro

Contents

Preface

Introduction

1 Capital Allocation and Management Essentials

2 Constructing a Best-Practice Capital Management Framework

3 Determining the Capital Constraint

4 Defining the Capital Pools

5 Allocating and Evaluating Nonthreshold Capital

6 Evaluating Threshold Capital Investment Opportunities

7 Using a Portfolio Approach to Threshold Project Selection

8 The Post-Allocation Process

9 Making It Happen

About theAuthor.

Notes:

Title from title screen.

Includes bibliographical references.

Digitized and made available by: Books24x7.com.

ISBN:

1-56793-320-3

OCLC:

614530759