4 Areas of Utilities Hospitals Need to Audit

Hospital utilities have become growing expenses as energy and water consumption are associated with high rates today.

Advertisement

According to SIB Development & Consulting, “utilities can be a serious drain on businesses with multiple locations,” such as hospitals and health systems, and simple bill corrections can save significant dollars for the organization’s bottom line.

Here are four areas of utilities that SIB experts said must be audited, and with improvements, they can bring down a hospital’s cost structure.

•    Gas
•    Sewer
•    Water
•    Electric

More Articles on Hospital Cost Savings:
4 Key Lessons on Variation and Cost Reduction From Adena Health System
13 Categories of Monthly Cost Savings for Hospitals
How ED Alerts Spur HIE Cost Savings

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Uncategorized

Advertisement

Comments are closed.