This study aims to analyze the feasibility of establishing a government hospital in Bone Regency, South Sulawesi Province. To achieve these objectives, data collection techniques are carried out through observation, interviews and documentation. While the data analysis technique uses cash flow, accounting rate of return, payback period, net present value, internal rate of return, present value and net cash inflow. The results of the investment feasibility study can be seen from the Net Present Value (NPV), where the Net Present Value is greater than the expected rate of return, it can be said that the investment in establishing a public hospital in Mappesangka Village, Ponre Subdistrict, Bone Regency is feasible. The results of the analysis of the Internal Rate of Return (IRR) of 11.76%> 10%, this means it can be said that the investment in the establishment of the General Hospital of Mappesangka Village, Ponre Subdistrict of Bone Regency is feasible. The results of the Average Rate of Return (ARR) analysis are more greater than 10% (20.40%> 10%) and besides that the Profitability Index (PI) is greater than 1, it can be said that the investment in the establishment of the General Hospital of Mappesangka Village, Ponre Subdistrict, Bone Regency is feasible.

Keywords : Net Present Value (NPV), Internal Rate of Return (IRR), Average Rate of Return (ARR), Profitability Index (PI).