InSite’s Post

🏥Today we continue our look at what operations challenges healthcare executives might face in the coming year. Yesterday, we explored how an energy efficiency program can help fill gaps left by reduced federal reimbursements. Here, we look into the unpredictability of operational costs. 📈Challenge: Forecasting amidst fluctuating operational costs Labor rates and energy costs have been fluctuating at such unpredictable rates this year. That’s likely to continue into 2025. Add onto that the fact that deferred maintenance backlogs never seem to get smaller while preventive maintenance programs continue to leave more questions than answers and you’ve got a forecasting nightmare. ✨Suggested action: Fortunately, there are ways to offset the variability in energy costs. Explore new energy procurement options in every open energy market where you operate. Get connected to a live data feed of all your energy consuming equipment quickly. Have your operations teams work with experts to analyze performance data and implement energy conservation measures that reduce costs and extend the life of critical equipment.

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Natalie Patton (Jacobs)

Marketing energy technologies to magnify messages in a changing world.

5d

This is probably one of the least talked-about challenges for any executive focused on operations costs. And these common-sense actions are so simple that they often get overlooked. Don't sweat the small stuff, but don't miss opportunities in the process!

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