Thursday, October 31, 2019
Decision Analysis Essay Example | Topics and Well Written Essays - 500 words
Decision Analysis - Essay Example The essay refers to ââ¬Å"Case Study of Rural Health Care in the Economic Downturn" by North Carolina Rural Health Research and Policy Analysis Center. Healthcare facilities have energy-intensive buildings and use more energy than other forms of buildings per square meter. Energy efficiency is critical to freeing capital trapped within conventional hospital infrastructure. Approaches to energy efficiency will provide clean, cheap, and abundant to Ashe Memorial Hospital in the delivery of immediate hospital savings. The hospital will improve financial performance through making advanced decisions to energy management. Ashe Memorial Hospital should focus on achieving sustainable utility cost reductions and savings across the buildingââ¬â¢s life cycle (Borkowski & Deckard, 2013). The approach generates new cash and increased capital continuously. It is important to note that hospital investment in efficient procedures has appreciable impacts on hospital financial performance. However, there is a need to have consistency in implementing the stability of cost per case and cash flow. The reduced of penalties and carbon taxes grows the energy efficiency in the future while Ashe Memorial Hospital endorses the ability of full compliance with regulators and accreditation organizations in its operations. The reduced potential for preventable adverse events includes infant abductions as well as unexpected patient departures for improved security of patients, staffs, and assets without extra costs (Twaddle, 2002). Lower levels of power failure and patient injuries as well as death due to electrical fires or power failure reduces the potential for higher costs. The application of intelligent healthcare solutions provides Ashe Memorial Hospital with an opportunity of improving hospitalââ¬â¢s financial performance. Other benefits of automation include higher productivity level and overall patient satisfaction, safety, and security. In addition,
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