Pressure on healthcare budgets is at an all-time high. Rising input costs alongside funding shortages and changing payment models, are squeezing margins and making it difficult to finance new investments. Therefore optimizing energy infrastructures is now an imperative for healthcare providers.
We have a wealth of experience helping to solve healthcare providers’ challenges, harnessing the power of energy to enable more positive patient outcomes.
35% reduction in energy costs achieved by a leading New Jersey healthcare provider through the installation of a trigeneration system - combined cooling, heat and power. Reducing costs was critical in order to increase revenue for patient care.
Our innovative, flexible solutions include insights and analytics, on-site generation, renewable energy technologies and flexible funding.
With our end-to-end delivery capability and fully-managed service options, we enable you to focus on frontline services.
Reduce energy costs and carbon emissions in facilities where there are combined heat and power requirements
Take advantage of unused real estate to reduce carbon emissions, reduce costs and improve site resilience
Identify operational inefficiencies and risks across your infrastructure, ensuring performance of critical equipment.
Overcome capex constraints to deploy new, more efficient energy technologies and benefit from certainty over future expenditure
Create new revenue from your on-site generation assets and access incentives for managing grid consumption.
Reduce dependence on limited, in-house operational resources, and ensure the security and resilience of your ongoing energy supply
The pressures squeezing healthcare providers
Aging populations, more chronic conditions and costly, new treatments are driving increased demand for services. But funding growth is slowing, input costs are spiraling and the move to outcome-based payment models is starting to negatively impact revenue growth. Plus, with limited capital expenditure available for healthcare providers to invest in physical plants, many are dependent on aging and unreliable equipment and infrastructure – putting care quality at significant risk. Staff shortages and skills gaps – including across operational management – and the move to digital healthcare, add to the pressure on existing systems while consuming capital expenditure which might otherwise be invested in physical plants.
What role does energy have to play?
As one of the US’s leading energy suppliers, we have a deep and practical understanding of the healthcare market’s current energy challenges.
Improving facility and energy conservation measures and reducing energy costs, whilst maintaining a robust and reliable energy infrastructure, is essential to releasing funding for frontline services. Ensuring the resilience and compliance of all parts of physical plants is critical for delivering duty of care – to both patients and staff. With margins under pressure, strengthening long-term viability means generating new sources of revenue. At the same time, demonstrating sustainability – to meet targets and strengthen reputation – remains key.
These are all objectives that we can help healthcare providers achieve.
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