Capital outlays come with a string attached: the validation of equipment purchases or other large expenses with a return on the investment, or ROI. To get what your department needs, be sure you know how to justify expenses with expected revenue.

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This is episode 2  of the series: Making Sense of Dollars and Cents: Developing a Return on Investment

Before you take a seat at the healthcare leadership table, you’ll need to be prepared with knowledge and skills that aren’t typically taught in nursing school. In this series, you’ll gain practical tips to help you develop – and showcase – your business acumen.

Nurses may be able to complete an accredited CE activity featuring content from this podcast and earn CE hours provided from Elite Learning by Colibri Healthcare. For more information, click here

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Series: Making Sense of Dollars and Cents: Developing a Return on Investment