What issues need to be taken into consideration to determine which is the lowest cost alternative?

Your initial discussion thread is due on Day 3 (Thursday) and you have until Day 7 (Monday) to respond to your classmates. Your grade will reflect both the quality of your initial post and the depth of your responses. Refer to the Discussion Forum Grading Rubric under the Settings icon above for guidance on how your discussion will be evaluated.

 Lowest Cost Alternative

Prior to completing this discussion, review Assignment 1 in Chapter 19 of your course text. In your initial post, answer the following question:

  • What issues need to be taken into consideration to determine which is the lowest cost alternative?

Your initial post must be 300 to 350 words.

Guided Response: Where do you begin when doing this type of research? Challenge your peers to think through how they would know if the capital investment demonstrates a positive financial outcome, and what other benefits may occur. What is a reasonable life cycle for various items in a health care organization? Respond to at least two of your classmates’ posts.