ANALYSIS OF PAYBACK PERIOD, NPV, IRR, PI AND ROI OF COMPUTED TOMOGRAPHY SCAN (CT-SCAN) MEDICAL EQUIPMENT (CASE STUDY OF CARUBAN REGIONAL PUBLIC HOSPITAL)

Abstract

This study aims to analyze the financial feasibility of procuring Computed Tomography Scan (CT-Scan) medical equipment at the Caruban Regional Public Hospital. In the context of improving the quality of healthcare services, this investment is expected to support government programs in enhancing the community's health status. The analysis methods used include Payback Period, Net Present Value (NPV), Internal Rate of Return (IRR), Profitability Index (PI), and Return on Investment (ROI). The analysis results indicate that the procurement of the CT-Scan equipment is financially feasible, with a Payback Period showing an optimal payback time of 2.38 years and a positive NPV of IDR 505,022,716. The obtained IRR also indicates that the expected return is greater than the cost of capital (IRR of 25% > 9.48%). By using a PI of 1.72 and an ROI of 45.7%, this study provides a clear picture of the investment efficiency in improving the quality of services and the financial performance of the hospital. This research contributes to a better understanding of the application of investment analysis methods in the healthcare sector, while also providing recommendations for rational investment decision-making to enhance the effectiveness of hospital financial management.