Master Of Healthcare Administration Walden University
FM006: Conduct an Operational Analysis
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, To:
Subject: Asset Viability
01 March 2022
Banner Health had considered the lives of five million Americans when they decided to
focus on a groundbreaking research mission of Alzheimer's research. While also providing top-
notch Alzheimer's care to reach the goal of ending Alzheimer's before another generation is lost.
The number of families who have lost loved ones to Alzheimer's is upwards of 121,499 deaths in
2019 alone. Asset viability is necessary across the care settings to protect investments,
implement proper training equipment, and protect capital resources. The administration uses
these resources to ensure that organizational best practices are being followed, developing and
evaluating the effectiveness of projects and care, instituting and developing care programs,
making changes, and sustaining feasibility of resources over time (Meeks, Pace & Zimmerman,
2018).
In medical settings, asset management is the systematic, cost-effective process of
planning, acquiring, and maintaining physical assets of the healthcare organization. Further, asset
management enables organizations to track and maintain inventory facilities and optimize care
processes and physical assets (Fortune Business Insights, 2020). Asset Management to Banner
Health Alzheimer's research is not only represented by the incredible staff. Purchases are in the
formulations, the labs, the time; asset management is essential and enables a company to see all
the assets currently being used within the corporation at any given time. Managing assets also
comes with identifying and managing risks that could arise and helping guarantee the accuracy
of amortization rates—keeping a working inventory on all purchases while computing life cycle
costs in asset management. Operational efficiency is improving compliance and improving upon
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