Independent and Systematic Approach to Capital Budgeting
Creating realistic and effective capital plans are critical. Proper identification of the future routine, strategic, and operational capital can lead to better budgeting and eliminating risks. It is also a holistic, systematic approach to identification and justification for future projects.
Noveen Consulting has provided capital planning services to more than two hundred healthcare facilities. Our unique process would entail working closely with your management team to identify needed capital and creating a phased and realistic solution for implementation.
This planning effort could take place in conjunction with a strategic and facility master plan or simply to identify the risk levels associated with different levels of investments. These efforts could identify investments that could result in operational savings with a calculated return on investments.
Making informed decisions about strategic investments.
Catholic Health Initiative (CHI)
Various Locations: Projects Ongoing
Noveen Consulting has provided, and continues to provide, capital planning services for multiple CHI facilities. The Noveen team identifies the routine capital to maintain the hospitals, care for patients, and the required strategic capital for future investments. We deliver a capital planning summary that is easy to interpret and provides CHI the tools to analyze and quantify facility capital needs required to deliver world-class healthcare.