(Answered) Preparing a Capital Budget

(Answered) Preparing a Capital Budget

(Answered) Preparing a Capital Budget

You are a unit manager of a 50 bed, step down unit, and it is time for you to prepare your annual capital budget. You have significant turnover in your nursing staff in the past three years; a review of exit interviews and patient surveys indicates low nurse satisfaction , poor morale, and complaints of and antiquated and depressing work environment. You have researched the impact of a postive working environment on staff productivity and morale and decided to request a renovation of the nurses lounge as the main purchase in your capital budget. You will present your request as a quality imrovment investment. Prepare a capital budget for a facility renovation…assemble your budget figures in table. (in excel) Paper must include: Describe the capital acquisition Justify the need for the capital acquisition Prepare the capital budget Describe the process for calculating costs Present a plan for budget management Explain how the capital acquisition will affect the finacial health of the organization Present the budget data and information clearly and accurately Must be APA. 4 to 5 pages, including budget. Minimum 5 references

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