Hospitals Find ROI in Recycling Efforts
In their relentless quest to contain costs, hospitals and health systems are examining all areas of their operations for signs of waste, even materials once considered trash.
They may be able to save billions of dollars.
Last year, an initiative of 350 hospitals recycled more than 50 million pounds of materials, diverted 61.5 million pounds of construction and demolition waste from landfills, and saved almost $32 million from single-use medical device reprocessing. These figures appear in the first Milestone Report of the Healthier Hospitals Initiative, a nonprofit coalition whose mission is to reduce healthcare's negative impact on the environment.
Three nonprofits, Health Care Without Harm (HCWH), The Center for Health Design, and Practice Greenhealth created the HHI, Together they are working with industry experts to identify six specific measurable sustainability initiatives (renamed 'Challenges'): Engaged Leadership, Healthier Food, Leaner Energy, Less Waste, Safer Chemicals, and Smarter Purchasing.
So far, 700 hospitals have made commitments to the HHI. That includes 13 health systems and 500 independent hospitals, which represent $20 billion in collective purchasing power. HHI estimates that the 2,000 hospitals it hopes to eventually enroll can save billions. The healthcare industry's shift towards sustainability could influence other industries toward a healthier mindset as well.
- CFO Exchange: Smartphones Poised to Disrupt Healthcare, Says Topol
- Consumerism Drives Healthcare Branding, Rebranding Efforts
- PA Ranks See 'Phenomenal Growth,' Lack of Diversity
- CNO on Hospital Redesign: 'You Can't Over-Communicate'
- 3 Traits Personality Assessments Can't Reveal
- How Digital Strategy Shapes Patient Engagement at Boston Children's Hospital
- Antibiotic Overuse a 'Huge Threat' to Patient Safety, Says CDC
- Half of All Primary Care, Internal Medicine Jobs Unfilled in 2013
- Carondelet to Pay $35M to Settle Fraud Allegations
- CHS Hacked, 4.5M Patient Records Compromised