search query: @journal_id 833 / total: 203
reference: 17 / 203
| Author: | Lyons, B. Gumbus, A. Bellhouse, D.E. |
| Title: | Aligning capital investment decisions with the balanced scorecard |
| Journal: | Journal of Cost Management
2003 : MAR/APR, VOL. 17:2, p. 34-38 |
| Index terms: | Accounting Investment Decision making Health service Hospitals USA |
| Language: | eng |
| Abstract: | Government, education, and healthcare organizations still labouring under outdated budgetary control systems breed wasteful capital investment behaviours because they base new allocations on old spending patterns. Spend it or lose it. Healthcare organizations depend upon strategically aligned capital investment decisions because healthcare capital investments take the form of very expensive, rapidly evolving technologies. One hospital learned to build a consensus model for strategic capital investment decision making based on the principles of the Balanced Scorecard. Read about the ways doctors, nurses, cost and performance managers, senior executives, and board members at Bridgeport Hospital use a capital investment matrix grounded in their Balanced Scorecard to reach true consensus for their capital investments. |
SCIMA