4 Oct 2022

107

Objectives of Capital Investment Decisions

Format: APA

Academic level: College

Paper type: Essay (Any Type)

Words: 278

Pages: 1

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When it comes to making the capital investment in healthcare, it is essential to set the objectives for the investment. Some of the nonfinancial goals, also referred to as community benefits include increased access to the different types of medical care. It is essential that members of the community are provided more platforms to access better medical healthcare at affordable and convenient charges. The goal of government capital investment is to create such avenues through the availability of medical plans such as Medicare, which offers medical insurance program for low-income citizens (Goldman, Kumanyika, & Shah, 2016) . In the same light, these capital investments target the creation of high-quality care for patients. By investing financially in healthcare, it becomes easy for medical facilities to purchase better equipment and drugs, as well as hire or train a highly professional staff. All these measures ensure that patients receive the best medical care in the facilities. 

By catering to most medical bills and expenses in medical institutions, the government seeks to ensure that the cost covered by individual patients is minimized as much as possible. In other words, capital investment in healthcare, through various patient plans lowers the charges for patients since the individual capital investment plans cover most of the medical expenses. Lastly, the federal, state, and local governments, through investing in healthcare, ensure that employment opportunities for the community members are created (Goldman, Kumanyika, & Shah, 2016) . Any government investment must create employment for the community involved. This could range from pharmaceutical companies supplying drugs and equipment to the medical institutions, to the local citizens being employed as part of the hospital staff. This could also spill over to the promotion of charity care, such as organizing free mobile screenings in the community. Such charity programs are vital to ensuring that the community members access regular screenings, for early detection and prevention of diseases. 

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References  

Goldman, L. R., Kumanyika, S. K., & Shah, N. R. (2016). Putting the health of communities and populations first.  Jama 316 (16), 1649-1650. 

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StudyBounty. (2023, September 16). Objectives of Capital Investment Decisions.
https://studybounty.com/objectives-of-capital-investment-decisions-essay

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