Purchase Justification for MRI



Capital Purchase Justification of MRI Machine

Introduction

MRI is an abbreviation for the Magnetic Resonance Imaging. MRI is the machine which is used for taking the digital pictures of the internal body organs of the human. MRI uses the magnetic signals to study the internal body tissues, muscles and nerves. This study is carried out to analyze the justification of Capital purchase justification for MRI machines. This proposal of price justification will be presented to the Vice President of the health care setting in order to highlight the capital as well as supplementary charges of the MRI machines.

Discussion

It is important for the new patent care much fastest growing and imaging which spurred part by rapid and advanced technology. The skills can lead the more accurate and faster diagnosis, which can relate to specific treatment and support to enhance the work of hospital departments.

Abilities of MRI helps the doctors through the usage of this advanced technology they will able to work much faster and imaging disease of patient much quickly. Many patients do not care about expenditure but they are seeking for advanced technology that exists in your hospital. It will also increase the revenue as the patient will receive further attention and media treatment with additional service provided by your hospital. The purchase decision of MRI machine requires an extensive research as the machine is so much expensive. The machine cost is having range from $1.5 to $1.6 million each (www.jsonlne.com).

Return on Investment of MRI

There are the following description for the 0.35 Open MRI Scanner, it was estimated that machine will scan 200 patients per month.

Monthly Billing

Expenses

Net Monthly Income

Net Annual Income

Net Annual Income with 50% Partnership

$ 60,000

$ 19620

$ 40,380

$48,4560

$24,2280

Cost description of Expenses

Expenses$

Equipment lease 5800

MRI Technologist 4320

Service Contract 4000

Utilities 2000

Supplier 2500

Miscellaneous 1000

Total 19,620

Cost description of ...