final factor to be considered with capital expenditures is the need in some states for governmental permission to purchase. If the ____________ is not granted by the state, all the key factors outlined in the textbook are meaningless. The goals of a ______ are to protect the consumers, generate benefits for them, and prevent the acquisition of unneeded equipment (i.e., ensure access to quality service at a reasonable cost).

Question

Quizplus · Accepted Answer

The term "certificate of need (CON)" is commonly used in the healthcare industry to refer to the requirement for governmental permission to purchase certain capital expenditures. This is mandated by CON laws in many states, which are designed to regulate healthcare supply by preventing the unnecessary duplication of services and equipment. The goal of these laws is to protect consumers by ensuring that they have access to high-quality care at reasonable costs. Therefore, option A is the best choice. The other options are not relevant or accurate in this context.

Final Factor to Be Considered with Capital Expenditures Is the Need