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OBJECTIVE:

To analyze the potential financial implications of the acquisition of the FerrAlert ferromagnetic detection system in
terms of capital outlay compared with the expected accrual of potential operational savings through the device’s use.

CONCLUSION:

Using data derived from independently published reports, the savings in terms of reduction of annual risk-weighted
liability, more efficient patient management, and reduction of scanner downtime can definitely offset the initial
acquisition cost in a relatively short period of time.  Improved safety for staff and patients can enhance the bottom
line.  In the baseline case, the payback period is less than one year.