Implementing the Utility Expense Reduction Program brings many benefits to your healthcare organization:
- Lower operating costs using proven technology
- Address deferred maintenance/underinvestment in physical plant
- Improve the bottom line while reserving capital for revenue-generating projects
- Shift financial risk away from the hospital and onto H2O
- Establish a hedge against unpredictable utility rates
- Reap almost immediate benefit from quick Program implementation
- Apply resource management Best Practices
By outsourcing the installation and funding of utility expense reduction projects to H2O, hospitals avoid the delays that hamper traditional expense reduction projects.
| Traditional Approach | Utility Expense Reduction Program |
| Utility expense reduction as a process | Utility Expense Reduction as a product |
| Capital investment required | No capital, no balance sheet impact |
| Takes months to research, review, procure | Product ready for review, funding in place, rapid implementation |
| Hospital takes risk if expense reduction not achieved | H2O assumes risk for achieving expense reduction |
| Traditional technologies | Traditional technologies + new ideas |
