More than 3,700 doctors and other medical personnel will be moved to a new and expanded facility to be built at the Navy's National Medical Center in Bethesda, Md., a few miles away. The move will cost nearly $989 million, and is expected to save more than $301 million over 20 years as the Pentagon seeks to streamline care and provide state of the art medical treatment for wounded servicemen and women.And saving $301 million over 20 years is better than spending a billion dollars within the next 2 years, how? And never mind those 18,000+ American casualties coming back from the M.E. I'm sure they'll be able to improvise bedrolls during the renovations up in Bethesda...
Payback: The total estimated one-time cost to the Department of Defense to implement this recommendation is $988.759M. The net of all costs and savings to the Department during the implementation period is a cost of $724.204M. Annual recurring savings to the Department after implementation are $99.565M with a payback expected in 10 years. The net present value (NPV) of the costs and savings to the Department over 20 years is a savings of $301.249M.
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posted by watercressprincess at 5:01 PM on August 25, 2005