write this in third person In order to plan the Return on Investment (ROI) for the Emergency Room expansion, we need to go ahead with a structured process. This involves establishing costs, projecting revenues, calculating the ROI, and examining other factors determining the project. This structured process guarantees a thorough examination of the financial feasibility of the expansion. First, we will have to define all expenditures that are related to the expansion. These include the initial capital required for construction, equipment, and refurbishments. A sample of this is, if constructing the new beds alone would cost $300,000 and additional equipment would be $100,000, then total investment would be $400,000. Other operational expenses like labor, maintenance, which may be higher as a result of the new beds, should be considered as well. Accurately estimated costs guarantee that an accurate ROI calculation will ensue. Next, we need to project the additional revenues the expansion will generate. That involves projecting how many patients will fill the new noncritical beds and the average revenue per patient. For instance, if we expect to serve an additional 500 patients per year and the average revenue per patient is $2,000, the total projected revenue would be $1 million. Analysis of historical information can make such projections more specific and realistic. Once we obtain the revenue and cost estimates, we can calculate the ROI through the formula: ROI = (Net P