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Successful capital renewal programs.
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The article discusses the importance of a successful capital renewal program for health facilities. It mentions that planning and budgeting for cyclic restorations and substitutes, which are not usually included in the annual operating budget, is the purpose of a capital renewal program as a management process. It also mentions Banner Health, U.S., which operates in six states, as a case study of a successful capital renewal program. INSET: Deferred hospital maintenance drives need for capital investment.
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