CHI officials said the savings will come from reduced energy bills. They will target heating and cooling systems first, according to the report.
St. Vincent North, a Sherwood, Ark.-based hospital within CHI’s St. Vincent Health System in Little Rock, Ark., will be one of the first to experience facility improvements. The hospital expects to cut energy costs by $76,000 per year, or 12 percent.
CHI will also use energy usage data provided through a group purchasing organization to monitor energy consumption across its 87 hospitals.
More Articles on Hospital Finance:
9 Hospitals, Health Systems With Innovative Finance Projects
South Carolina Launches Website Showing Hospital Profits, Data
The Growing Bottom Line: 16 Statistics on Profits by Hospital Bed Count
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
