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Each committee is responsible for the clinical and financial evaluation of requests for new product/equipment reviews within UMHC. The committee will consider issues of quality, patient safety and cost-effective product and/or equipment use across the continuum of care. Requests representing greater than $5,000 annual expense will be reviewed by the Capital Committee.
This policy will define the process to be followed for the review of all new and replacement products and equipment that equates to less than $5,000 annual spend.
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