Describe the main purpose of a Capital Improvement Plan (CIP) in healthcare facilities.

The main purpose of a Capital Improvement Plan (CIP) in healthcare facilities is to plan for future upgrades and investments. A CIP provides a structured approach to identifying, prioritizing, and funding capital projects or enhancements that are critical to the operational and strategic goals of the healthcare organization. It ensures that resources are allocated efficiently to improve infrastructure, technology, and services, facilitating better patient care and operational efficiency over time.

This planning is essential for maintaining the facility's competitiveness and ensuring that it can meet the evolving needs of patients and regulatory standards. By identifying projects in advance, healthcare organizations can set realistic timelines, secure necessary funding, and implement changes systematically, which ultimately supports long-term sustainability and growth.