Capital Investment Thesis Proposal Example | Topics and Well Written Essays - 3000 words

Capital Investment - Thesis Proposal Example The capital investment project related to health that is selected for this paper is expansion and renovation of a diagnostic and imaging department. Effective imaging services in an emergency department begin by having enough space to cater for the high number of emergency cases. The imaging departments are known to offer a wide range of services and thus implying that they expect a high number of patients. Their services can be used in the treatment of different diseases, and injuries (Colchester East Hants Health Authority, 2014). The expansion diagnostic imaging department will be vital in creating enough space for emergency imaging services and providing enough room for new CT scanners. The room will be helpful in establishing modern environment in diagnostic imaging and ensure current standards in this emergency department are addressed. Creation of more space will also be helpful in ensuring that the issue of transferring inpatients to other hospitals is reduced. Third, there will be control and prevention of infections. The expansion will also lead to a new work environment, which will help recruit new emergency specialists and physicians. It will encourage a patient centred experience. Furthermore, there will be an opportunity to ensure that the emergency department for imaging responds to the community increasing needs. Last, it will help develop space for an ambulatory clinic. In funding capital expenditures, there are multiple sources that can be adopted (Sullivan & Steven, 2005. The source used will depend on the needs of the organization and the existence of other projects. In funding for this project, there can be an advance planning so that its funding can be considered in the coming fiscal year. In this regard, the hospital can decide and set some amount that will cater for the project for a given in time. In addition, the funds from this source can be used to supplement