Engage With AHA Solutions
Resource:
Capital Allocation and Management Advisory Services
Do You Know How Much Your Organization Can Afford to Spend and Which Initiatives Should be Funded?
Although the quantification of specific reform requirements is still emerging, it is clear that hospitals and health systems will be under increased pressure to allocate capital to the right new initiatives and to ongoing facility and equipment needs. They will also need to tightly manage implementation costs associated with these initiatives. The improved allocation and management of capital are key components of success in the New Era.
Executives must develop and implement a system that enables high-quality decision making driven by facts and metrics.
Develop Your System Based on Best Practices and Actionable Data
A consistent, corporate finance-based approach to allocating and managing capital puts hospitals and health systems on the path to strong and sustained financial performance. Kaufman Hall’s Capital Allocation and Management Advisory Services help your organization implement an approach that includes:
- Creation of an integrated strategic decision-making calendar
- Development of project evaluation criteria
- Analysis of potential investments using a portfolio approach
- Design/implementation of a best practice program for keeping capital projects on budget
