Capital Budget Proposal For Institutional Affiliation Course ✓ Solved

Capital Budget Proposalnameinstitutional Affiliationcourseprofess

The capital budget item is a portable cardiac monitor. The monitor is a small wearable device that keeps track of an individual’s heart rhythm. It can be worn for one or two days in which it records all the heartbeats (Briginets, et al., 2019). Portable monitor may be prescribed after the electrocardiogram, especially if the ECG does not give satisfactory results. The information on the cardiac monitor can be used to determine the presence of heart rhythm problems.

Portable cardiac monitor is worn on the chest and helps evaluate the activities of an individual’s heart. It is usually prescribed as an alternative to the traditional electrocardiogram. The device helps monitor the electrical activities of a person’s cardiovascular system (Bauer, et al., 2018). With the portable monitor, a patient can continue with their daily activities while the heart is being monitored.

A portable cardiac monitor is worn underneath the clothing and close to the patient's heart. The device is more accurate than the traditional ECG. The device can help in ascertaining the patient’s level of exercise and activity they can handle without straining. It helps in identifying the risks and causes of cardiac abnormalities.

When a portable cardiac monitor is not purchased, data may not be sent from patients to healthcare professionals in real-time. Patients who suffer long-term illnesses may not be able to communicate their progress with healthcare professionals in real-time (Lezhnina et al., 2020). When the device is not purchased, patients with chronic diseases may record a reduced quality of life.

Patients may record reduced quality of life since the device helps improve their lifestyle. The device helps in sending real-time data to medical professionals for effective care. When the device is not purchased, potential patients may not be reached since healthcare will not be more available (Lezhnina et al., 2020). Patients may not be able to save cash if the device is not purchased since they will rely on the traditional ECG which is expensive.

The cost of the equipment depends on the model (Mokhtari, 2018). The cost of a portable cardiac monitor defers depending on the model, quality, and location of the market. It is important to purchase the devices in bulk to spend less. Additionally, an organization should buy the devices from a trusted supplier to minimize risks of malfunctions. The use of different electronic health systems in healthcare in managing chronic diseases is crucial. Despite not available to everyone, the device helps improve patient’s lifestyle (Sengupta, et al., 2017).

The device makes patients spend time with their family rather than at hospitals. The use of the device makes the patient aware of critical health deterioration and when they need to apply for emergency help (Sengupta, et al., 2017). Portable cardiac monitor brings free consultation with a medical professional right to their homes. The device can be used to improve a patient’s lifestyle and quality of care. Patients become aware in case of health deterioration when they put on the device; consequently, they can seek urgent medical attention.

Paper For Above Instructions

The capital budget proposal outlines the necessity of acquiring portable cardiac monitors, which represent significant advancements in cardiac health monitoring technology. These monitors play a crucial role in recording heart rhythms and can be a game changer for patients with underlying cardiac issues.

Portable cardiac monitors, as indicated in current research, are small, lightweight devices that patients can wear comfortably for 1 to 2 days to monitor their heart activity continuously (Briginets et al., 2019). This type of monitoring is particularly beneficial after an initial ECG fails to provide adequate information regarding a patient's heart function. These monitors allow healthcare professionals to gather accurate and continuous data, which is instrumental in determining potential health complications, notably arrhythmias.

Moreover, portable monitors enable individuals to carry on with their regular activities while obtaining crucial cardiac data. Unlike traditional ECGs performed in a clinical setting that may only provide a snapshot of heart activity, wearable monitors offer real-time data collection without disrupting a patient’s daily life. This facet of wearable technology changes the way cardiologists diagnose and treat heart conditions, providing more personalized care to patients (Bauer et al., 2018).

In terms of clinical need, portable cardiac monitors are vital. Timely detection of arrhythmias allows healthcare providers to create tailored treatment plans, potentially alleviating long-term health complications. For instance, patients suffering from chronic diseases benefit significantly from prompt interventions based on real-time data obtained through these monitors. The devices empower both patients and healthcare providers to remain proactive in managing ongoing health concerns, thus enhancing the quality of life for many individuals by monitoring their cardiac health from the comfort of their homes (Lezhnina et al., 2020).

If these devices are not acquired, the consequences could be significant. The absence of portable monitoring could result in a lack of timely and accurate data shared with healthcare providers, leading to increased hospital visits or emergency room trips that could potentially have been avoided. For patients with chronic illnesses, the consequences could be dire, including worsened quality of life and increased healthcare costs due to reliance on traditional ECGs, which are considerably more expensive (Mokhtari, 2018).

Financially, the costs of portable cardiac monitors vary but investing in these devices enhances overall patient care while saving money in the long run (Sengupta et al., 2017). For example, a portable monitor may cost around $190.30 for basic models to $460 for advanced models, but purchasing in bulk can lead to cost savings and should be considered by healthcare facilities. Additionally, ongoing technological advancements suggest that investment in portable cardiac monitors will appreciate in value over time, especially as the demand for telemedicine increases post-pandemic.

Furthermore, portable monitors facilitate patients’ interactions with healthcare providers, allowing a level of engagement previously unattainable without annual or biannual hospital visits. This improved communication not only fosters a more significant provider-patient relationship but also encourages adherence to treatment plans, which can lead to improved health outcomes overall.

In conclusion, the acquisition of portable cardiac monitors is essential in modern healthcare settings. Their capacity to provide continuous monitoring, increase patient engagement, and reduce healthcare costs while improving quality of life further justifies the investment. Through the proposed capital budget for portable cardiac monitors, healthcare facilities can enhance their service delivery and ultimately lead to better health outcomes for patients.

References

• Bauer, R., & Murugan, R. (2018). Portable Monitor and Defibrillators. Rapid Response System: A Practical Guide, 295.
• Briginets, S., Volkov, A., Martinov, G., & Veselkov, A. (2019). Designing a mobile cardiac monitor. IOP Conference Series: Earth and Environmental Science, 263(1), 012028.
• Lezhnina, I. A., Uvarov, A. A., Overchuk, K. V., Boyakhchyan, A. A., Torgaev, S. N., & Evtushenko, G. S. (2020). A Portable Wireless Cardiac Analyzer for Individual Use. Biomedical Engineering, 53(6).
• Mokhtari, S. S. (2018). Piezoelectric-Based Cardiac Monitoring Portable System.
• Sengupta, J., Hoffman, E., Melby, D., & Gornick, C. (2017). The Revolution in Cardiac Monitoring. Journal of the Minneapolis Heart Institute Foundation, 1(2).