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Captial

Capital Purchase Justification

Yvonne Brown-Ramirez

Grand Canyon University

April 27,2016

The equipment that I recommend is the CAT scan because I think it will help the hospital more than the MRI machines since it will help examine the whole body instead of just one certain part of the body.CAT scans are very useful because it helps us figure out the cause of why the patient is sick and it takes pictures that are more detailed than the MRI. Computed tomography (CT) is an imaging procedure that uses special x-rays equipment to create detailed pictures or scans areas of the body. When using this type of machine, it helps take continuous pictures in a spiral fashion instead of taking a series of pictures as the MRI does, I do not know much about MRI or CAT SCANS but I think CAT SCANS are better and will help determine the cause of cancer or any type of sickness the patient may have. I think the CAT SCAN equipment would be useful and beneficial to the hospital because it will help reduce the amount of radiation that is used during the test and it will use less radiation for the older equipment. The hospitals want to be equipped with the most up to date equipment to make sure that it will last for as long as five to ten years at the most because they do not want to spend excess money they may not have to purchase the CAT SCAN equipment. According to Modern Healthcare, “The average price of computed tomography systems went up 15% in the past month as more hospitals purchased high-end scanners, including new premium models that have been on the market for a year” (Lee, 2014, p.1). The average price paid by healthcare providers for CT systems in September was $ 968, 600, rising 15% in one month. The average price for CT equipment has gone up 20% for the year according to Modern Healthcare. With the hospital having this equipment it will be more reliable and help improve the workflow of the hospital as the cost of the CT scanners will increase as more hospitals will be wanting these types of machines. The vendor that is most popular in hospitals would be GE and Siemens if I have to choose I would go with GE because I am more familiar with that name and the equipment especially the use of washing machines and dryers they have on the market it is a popular name that I would trust to put in the hospital. Using GE Healthcare means that the customers will be more satisfied and it will help them understand the whole aspect of the clinical and operational needs in the next generation of technology. GE is most famous in many hospitals all over the country and think the CAT Scan machines will help reduce radiation as I stated before to obtain the type of results they are needing from the images such as blood vessels and organs. Where I am currently employed at that is what I handle on a daily basis, patients are getting seen by their doctors and the nurses call us to get test done for tests such as MRIs, CAT SCANS and PET SCANS. What I have learned from working here is that some of these patients are allergic to the contrast or the dye and we have to change the procedure code to one that is without contrast due to the patient being allergic which I completely understand. Hospitals need to make sure to order the correct type of scans so that the patient will not have any problems with these scans, I have never had one but I have heard many things about these scans and I have had people tell me that it can be painful or that they are claustrophobic. I think GE would be the best vendor to provide the CT SCAN because they offer more slices and the equipment can perform cardiac CT and perfusion studies, also it will help emphasize slice number and they can receive better resolution images according to Radiology Today. (Knaub, 2013, p.1). The Return of Investment is based on the expected financial gain or benefits that will be projected by the total cost with GE models the average price would be up to 900,000 and these models are not considered more advanced than the 20 to 64 channel scanners that would be better for cardiac rather than any other procedure. Large teaching hospitals are usually the first ones to adopt new pricey CT scanners which are the premium models that will be more reliable because the cost is up to $1.7 million, this is for any type of CT scanner not just for GE but for Toshiba and Siemens which are both pretty popular. You need to be able to show a positive ROI in a one or two-year timeframe because it will help the project in case a circumstance comes up during this time. The different professionals such as the radiologic technician, X-ray technicians the physicians and nurse will find the CT machine very useful because it will save time and money for them instead of investing for MRIs they can just use the CT machines as the main equipment to further along the process of the testing that needs to be done on their patients.

References
Knaub, Jim (2013). Technology Update: CT- Customer Expectations After the Slice War. Radiology Today. Vol. 12, p.16.
Lee, Jaimy (2014). CT System prices shoot up 15%, driven by pricey new models. Modern HealthCare. p.1-3.

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