Purpose:

This study aims to evaluate projects of Digital X-ray System, Laparoscopy/Endoscopy System and Eye Retina Tomography, which are planned to buy for a university hospital in An-kara, by using the data of the year 2012 with the method of cost-benefit index

Methodology:

The income that it would be provided along with the economic life of the pro-ject was calculated according to their daily and yearly process numbers and the information obtained from the hospital information system. Five years income calculation projections were conducted in two different ways based upon the costs of Medical Enforcement Declaration, and the directory wage scale of Turkish Medical Association. The expenses that occur along with the economic life of the project was calculated by using the data acquired from the hos-pital information system, purchasing department and interviews with companies. The cost-benefit index was used for the evaluation of the investment projects.

Findings:

In evaluating based on the costs of Medical Enforcement Declaration, the only pro-ject that it would be invested is Laparoscopy/Endoscopy System project according to the cost-benefit index. According to the directory wage scale of Turkish Medical Association, each cost-benefit index of three projects was calculated as positive and priority rank of the projects was determined. The ranking is as follows: the project of Laparoscopy/Endoscopy System, the pro-ject of Digital X-ray System and the project of Eye Retina Tomography System.)

Conclusion:

The project evaluation techniques are effective tools providing the opportunity to the financial administrators of the healthcare institutions to make assessment from different aspects. Since the method of cost-benefit index is more appropriate for the structures of healthcare institutions, it will be more useful to take as a basis for the assessments. When the hospital managers determines the choice of the project according to the cost-benefit index, they will use scarce resources reserved for the investment in a rational way, and they will in-vest resources to a project that will provide the maximum benefit).

Keywords: Cost Benefit Index, Medical Device, Investment Decision