Healthcare facilities are facing tighter-than-ever operating margins due to increased regulatory requirements and federal reimbursement cuts.
With significant pressure to scale back expenses, three-quarters of hospital executives now say they are cutting costs.
Energy is one area where healthcare facilities can attain significant savings without compromising service. The U.S. Department of Energy’s Hospital Energy Alliance estimates that the nation’s healthcare facilities collectively spend more than $8 billion on energy each year — enough to cover the average annual salaries of approximately 100,000 registered nurses.
By taking a Total Energy Management approach, healthcare leaders can reduce energy consumption and, as a result, reallocate savings to improve patient care. The approach examines the relationships among a healthcare facility’s energy budget, risk tolerance and energy consumption patterns and then identifies viable strategies to potentially lower energy consumption and costs.
Get started with a Total Energy Management approach today.
2. Healthcare facilities are facing tighter-than-ever operating margins due to
increased regulatory requirements and federal reimbursement cuts.1
Adapting a Total Energy Management Strategy is key to reducing energy
consumption and lowering the bottom line without compromising patient care.
START MAKING HEALTHIER ENERGY DECISIONS
3. Direct Energy Business is focused on helping you manage your energy
supply and demand using a range of products and services designed to
address common challenges in healthcare like:
Cost Management
Energy Strategy
Sustainability
HOW WE HELP HEALTHCARE FACILITIES
We are committed to serving your needs by sharing knowledge and making
smart energy choices easy and clear.
4. Total Energy Management is an integrated approach that combines the
knowledge of our energy advisors and a robust suite of our energy
solutions to guide and manage your energy strategy.
WHAT IS TOTAL ENERGY MANAGEMENT?
Our team of advisors examines the relationship
between a facility’s energy budget, risk tolerance and
energy consumption patterns and uses this information
to identify strategies that meet your goals.
5. The driving forces behind Total Energy Management point to
unique solutions for each healthcare facility’s need:
§ Data-driven insights guide decision-making
§ Triggers and parameters signal when we’ll act
on advantageous price movements
§ Risk is managed strategically
WHAT IS TOTAL ENERGY MANAGEMENT?
6. Excela Health, a health system in Pennsylvania, approached Direct Energy
Business for a new perspective on energy use. After carefully assessing
Excela’s needs, we presented a suite of sustainable solutions designed for
efficiency and savings:
Electric and Gas service
Load Following Block & Index, a flexible purchasing solution
Demand Response, a curtailment solution
InvoiceASSURETM, an invoice management solution
Panoramic Power®, an efficiency monitoring solution
With these new solutions, Excela has the potential to save an estimated
$1.35 million throughout its system over a three-year period, without
having to make associated capital investments.
CASE STUDY: EXCELA HEALTH
7. Plan your budget
Access your options for lowering demand
Determine your level of risk tolerance
Select an energy provider that offers both supply- and demand-side
products, services and guidance
Set goals for growth, cost, and sustainability
Consider the energy supplier products that work best for your organization
PREPARE FOR YOUR STRATEGIC DECISION
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8. DOWNLOAD OUR TOTAL ENERGY MANAGEMENT EGUIDE
TO LEARN MORE ABOUT HOW YOUR FACILITY CAN START
SAVING BY MANAGING ENERGY CONSUMPTION.
LEARN MORE
GET THE EGUIDE