Capital planning in healthcare is the process of allocating, evaluating, and managing funding for potential projects, investments, buildings or infrastructure improvements, and purchasing durable goods. 
Effective and coordinated strategic planning and capital budget planning are the foundation for success in healthcare. Markets are dynamic, and an organization’s ability to react to this fluid environment is necessary to manage risk, allocate resources efficiently, and plan for the long term.

As issues like increased material and labor costs, capital accessibility, flexibility, and technology requirements loom large over healthcare construction and renovation projects, design and product partners need to add a new skill to their toolbox – understanding capital planning from the owner and facilities perspectives. By being knowledgeable and conversant about their issues and able to assist owners with data and solutions to help inform capital planning the more likely you will have a seat at the table during early planning discussions.

Hear how health systems analyze and prioritize their organization’s current and future needs. They will discuss the tensions that arise between funding projects that support the long-term strategy and the need to fund basic infrastructure and replacement of fixed and moveable equipment.