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Overview Description

Managing departmental priorities in hospitals gets more challenging by the day. As capital requests increase in cost, and hospital mergers and acquisitions add complexity, risks run high for hospital leaders who choose to navigate the process on their own.

Spend Less on Capital, Get More

ECRI Institute’s new CapitalNavigator™ service fills a gap that most healthcare budgeting staff faces not only during budgeting season, but year-round.

Our consulting team helps clinical and financial staff ask tough questions, sidestep politics, and achieve quicker, more reliable decisions on budgeting for capital medical technology, equipment, and infrastructure requests of more than $500,000.

  • Review your capital requests: See how they mesh with clinical suitability, industry trends, adoption considerations, regulatory issues, and obsolescence benchmarking. Get an executive summary of our recommendations to help you decide whether you should budget for, defer, or avoid a specific technology.
  • Engage with our experts face to face: A senior-level ECRI Institute technology expert will attend your capital budget committee meeting to provide real-time insights on technology and industry trends.
  • Prioritize your decisions: Weigh variables, blind manufacturers and models, and play out “if/then” scenarios to see the immediate impact of a proposed budget decision with our TruVu™ tool.

Bring Independent Insight into Your Capital Budgeting Process

To learn more about CapitalNavigator, contact us today at (610) 825-6000, ext. 5655 or consultants@ecri.org.

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