THE INFLUENCE OF CAPITAL EXPENDITURE ON MATURITY RATING IN PUBLIC SERVICE AGENCY OF THE HEALTH POLYTECHNIC OF THE MINISTRY OF HEALTH SEMARANG (Fiscal Year 2021-2023)

This research aims to analyze the influence of capital expenditure on maturity rating at the Public Service Agency (BLU) of the Health Polytechnic of the Ministry of Health in Semarang during the 2021-2023 fiscal period. The research employs a quantitative approach using a simple linear regression analysis method to examine the influence of capital expenditure on changes in maturity rating. The data used in this research consists of secondary data obtained from the financial reports of the Health Polytechnic of the Ministry of Health in Semarang for the 2021-2023 period, as well as maturity rating assessments provided by relevant institutions. The findings indicate that capital expenditure has a significant impact on increasing maturity rating, suggesting that optimal capital expenditure management can contribute to improving financial and operational management quality within the BLU. This research is expected to provide recommendations for BLU management in formulating more effective and efficient capital expenditure allocation policies to support institutional performance enhancement.