The financial merits of the various proposals are then considered. That is, if two projects are judged to be of equal financial worth, the preference for expenditure would be for the project serving the larger number of people, the one that prevents disease rather than simply preventing fatality, or the one serving children versus the aged. Several qualitative factors are also of utmost importance in identifying capital expenditure projects in health care, namely, community need, marketability of the project, urgency for the capital item, competition, and technological need. ____________ must be given the utmost consideration for capital expenditure project selection.

Question

Quizplus · Accepted Answer

Community need is the most important qualitative factor to consider in identifying capital expenditure projects in healthcare. It ensures that the project is truly serving the community and addressing their healthcare needs. Marketability and competition may be important but should not supersede community need. Urgency for the capital item and technological need may also be important but should be considered in conjunction with community need.

The Financial Merits of the Various Proposals Are Then Considered