A Data Driven Approach to Clinical Equipment Replacement Forecasting & Budgeting
This presentation will provide an overview of current capital budgeting practices and the advantages of a data-driven approach to capital planning. It will include a demonstration of an Excel-based tool for capital replacement forecasting and a Q&A session.
The following topics will be covered:
- Current capital equipment budgeting process
- Flaws in the current methodology
- A data driven approach to replacement planning — a much needed process improvement
- Demonstrations of real world application and benefits