The purpose of this assignment is to show your understanding of the needs that go into determining financial viability for a large purchase in an organization. You will be creating a PowerPoint presentation to explain and justify a capital purchase to the vice president of your health care organization.
Read the Northwestern Memorial Financial Statement and Vendor Information Sheet.
Students answer the following about the attachments:
After comparing vendors, create a presentation for the capital purchase to your vice president. Address the following:
1. Why would this be a good investment for the hospital?2. What are the operating costs you took into consideration? Explain.3. What facility considerations are involved regarding this new piece of equipment? Explain.4. What is a reasonable ROI? What are the minimum quality standards?5. What training options would need to occur?6. Cite a minimum of three references to support your rationale.
The PowerPoint presentation should consist of 15-20 slides, not including the title slide and reference slide. Images may be included in the presentation but be sure to keep all image file sizes low for this presentation. Save images as small files.
Refer to the resource, “Creating Effective PowerPoint Presentations,” located in the Student Success Center, for additional guidance on completing this assignment in the appropriate style.
While APA style is not required for the body of this assignment, solid academic writing is expected, and in-text citations and references should be presented using APA documentation guidelines, which can be found in the APA Style Guide, located in the Student Success Center.
The purpose of this assignment is to show your understanding of the needs that go into determining financial viability for a large purchase in an organization. You will be creating a PowerPoint presen
Vendor Information Sheet You recently requested bids for a new MRI (magnetic resonance imaging) machine in for your radiology department. As a result, two vendors have submitted quotes based off the specs in your proposal. You anticipate the service life of this machine to be 10 years and that it should generate $600,000 per year at 50% capacity. To remove any potential for bias, your compliance department has provided the bids to you (below) and removed the name of each company. Bid: Company A Supply and install a 3T (3 Tesla) MRI scanner. Once bid is accepted, work will be completed in 90 days. Each day after 90 days incurs a $5,000 (a day) penalty. Warranty is for 2 years. Software upgrades for 1 year. Total cost: $3,650,000 Additional warranty: $150,000 (per year to year 5) Software upgrades: $50,000 (per year up to year 5) Bid: Company B Supply and install a 3T (3 Tesla) MRI scanner. Once bid is accepted, work will be completed in 90 days. Each day after 90 days incurs a $5,000 (a day) penalty. Warranty is for 4 years. Software upgrades for 5 years. Total cost: $4,400,000 Additional warranty: $75,000 (per year to year 10) Software upgrades: $25,000 (per year up to year 10) © 2020. Grand Canyon University. All Rights Reserved.