An
essential reference book every health care
provider organization or
accounting consultancy must have!
Designed to meet the specific needs of financial professionals responsible for ensuring the administration and documentation of their health care organization's capital investments. Estimated Useful Lives provides clear and concise estimates of the useful life span of hundreds of capital items commonly acquired for the delivery of health care services. It offers reference tables with data for nine primary categories of capital investments: buildings, building components, fixed equipment, building services equipment, administrative departments, nursing departments, diagnostic equipment, treatment equipment, and support departments. The Medicare program recognizes the estimated useful lives as assigned in this book.
This book is a 2004 revision and expansion of the 1973, 1978, 1983, 1988, 1993, and 1998 editions. The estimates developed over the course of these seven editions have been based primarily on the recommendations of the following appraisal firms: American Appraisal Associates, Inc., Milwaukee; Marshall & Stevens Incorporated, St. Louis; Valuation Counselors Group, Inc., Chicago; and Wellspring Valuation, Ltd., Chicago.
The publisher is grateful to the following individuals for assisting with the development of the 2004 edition: George S. Arges, Health Data Management Group, American Hospital Association; David S. Felsenthal, Wellspring Valuation, Ltd.; Martha Garner and Todd Hall, PriceWaterhouseCoopers; Sally Mason Boemer, Partners Healthcare System; Michael Miller, Healthcare Valuation Services; John S. Oliva, American Appraisal Associates; Ed Pruchunas, Cedars-Sinai Medical Center; and Doug Young and Carl Turano, Northwestern Memorial Hospital..
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