Reports of hospitals and health care systems reducing energy use by as much as 20 percent and saving hundreds of thousands and even millions of dollars over relatively short periods are no longer uncommon.
Despite the potential benefits, hospitals can find it difficult to fund up-front capital when budgets are tight, when staff are limited to investigate and implement efficiency measures and when clinical issues frequently take precedence. Fortunately, there are a variety of financing mechanisms that hospitals can consider to meet the challenge.
To help advance energy efficiency and sustainability, the American Council for an Energy-Efficient Economy, Health Care Without Harm and Practice Greenhealth recently issued a paper called “Energy Efficiency Financing for Hospitals: A Discussion of Both Tried-and-True and New Opportunities.”
Read the full article in our sister magazine, Health Facilities Management.