CAPITAL PURCHASE

Capital purchase

Capital Expenditure for the Acquisition of “X-Ray Machine

Introduction

The capital expenditure of more than $ 5000 will be made on a purchase of capital equipment. The course of the study will analyze and explore all the aspects that are associated with a capital expenditure. The capital item selected on which the hospital will expense more than $ 5000 is an x-ray machine. The study will provide with a research over the “X-ray” machines and different aspects related to this machine such as its cost and benefits will be the predominant ones. The study will also provide with an insight of how the expenditure will support the goal of management in terms of revenue generation, quality assurance, and productivity. The economic benefits related to the acquisition of the X-ray machine will be analyzed as well and the overall impact over the economic environment of the organization. The identification for the organizational goals will be done by highlighting the goals that will include community service, and clinical research.

At the end of the study, the overall justification for the acquisition of equipment “X-Ray” machine will be discussed in detail that will emphasize the hospital goals including departmental and management goals. X-ray machine is regarded as one of the most remarkable invention and, it has significantly contributed towards the healthcare, or to be processed we can say that it has revolutionized the healthcare practices. X-rays revolutionized medicine with the possibility to look inside the human body. The X-ray camera has revolutionized medical practice and technology has advanced so much that we are now at the age of patient transparent. The cost for the acquisition of the X-ray machine is around $5000 and, the installation charges for the machine are going to be around $2,000. Therefore, the total cost of the X-ray machine is $7000.

Discussion

The capital expenditure will be made on the acquisition of an “X-Ray” machine. The addition of the X-ray machine will be great positive advantage for the hospital and it will significantly improve the overall process and performance of the hospital in terms of quality health services (Ammons, 2002). The total cost of the acquisition and installation of the X-ray machine is $ 7000 which is to be covered in 7 months of operation.

Cost Of The X-Ray Machine Acquired And Installed

 

($)

Expenses

 

 

 

X-Ray machine

$5,000

Documentation

$200

Installation

$1000

Transportation Charges

$300

Insurance

$500

 

 

Total Cost

$7,000

X-Ray Machine Technology

X-rays are electromagnetic radiation of the same nature as the radio waves, the waves of microwave, the infrared, the visible light, the ultraviolet rays and gamma rays. The fundamental difference with the gamma rays is their origin: gamma rays are nuclear radiation produced by the de-excitation of a nucleon from one level to another lower excited energy and the decay of radioactive isotopes, while the X-ray extra nuclear phenomena arise at the level of the electron orbit, mainly produced by deceleration of electrons (Render, 2008). The energy of X-rays in general is between ultraviolet radiation and gamma rays naturally. X-rays are an ionizing radiation because they interact with ...