Hospital Equipment Capitalization    

 

 

Abstract:  This policy defines capital equipment for the hospital. The item must have an individual cost of $2000 or more and have a useful life of one or more years, provided sufficient individuality and size exists to make control feasible. Major computer software is inventoried when its cost is $5000 or greater.	Effective Date: 10/11/2007   Review/Revised Date: 10/11/2007   Category: Financial Affairs   Policy Owner: CFO Policy Contact: Assistant Vice President Financial Affairs / CFO