American Homepatient: Capital budget in healthcare

Capital budget in healthcare
Name
Institution of affiliation
CAPITAL BUDGET IN HEALTH CARE
The healthcare industry is among the important industries in the economy of any country in the world. American Homepatient Inc is a home health care services company based in Tennessee, United States. Financial planning is very important so that the company can determine where to invest capital, when to spent and always ensure that the budgets are balanced. Financial security is therefore important so that funds can be well sent and possible costs operations cut to ensure proper running of the hospital.
Several financial management techniques can be applied by American Homepatient Inc due to the increasing financial demands. Some of the capital opportunities available for the company include real estate investment funds, private equity investment, shared space, and federal Housing administration. The hospital can also invest in the replacement of electronic medical records since the existing systems are not in compliance with the new guidelines. American Homepatient Inc can also invest on the existing services. For example radiology services can be expanded by incorporating ultrasound and MRIs.
The most dominant technique applied in the capital investment decisi...