Question
Best practices for health care sustainability must be examined from both environmental and financial contexts. A matrix is a sound method for such an examination.
Best practices for health care sustainability must be examined from both environmental and financial contexts. A matrix is a sound method for such an examination.
The top management of your organization has requested that you prepare a matrix analysis of both environmental and financial contexts for your proposed sustainability initiative.
Part I: Matrix analysis
Organize and include the following in your matrix:
- Estimated current costs involved in your sustainability initiative's processes (e.g., staffing, facility, operating, products, services)
- Estimated cost to implement initiatives (e.g., new equipment, new contracts, or staff)
- Cost projections after implementation
- Social and environmental costs
- Benefits
- Cost savings, immediate or over time
- Benefits over time (1 year, 5 years, 10 years, etc.)
- Local, state, or national revenue sources for your initiative
Part II: Matrix summary analysis
Prepare a word summary of your matrix analysis. Include the following in your summary:
- Restate your individual sustainability initiative.
- Relate how your initiative might impact other sustainability initiatives within your organization.
- Describe various environmental contexts that could impact your sustainability initiative.
- Analyze and summarize the financial contexts and implications your sustainability initiative will have on your selected organization.
- Explain the cost savings and benefits over time.
- Recommend a local, state, or national revenue sources for your initiative and why you believe the source is appropriate.
References:
https://www.healthcarefacilitiestoday.com/posts/Strategic-steps-to-sustainability-in-healthcare--13629
Avlonas, N., & Nassos, G. P. (Eds). (2013). Part II: Sustainable strategies in Practical sustainability strategies: How to gain a competitive advantage. John Wiley & Sons.
Steffen, M. (2016). Universalism, responsiveness, sustainability -- regulating the French health care system. The New England Journal of Medicine, 374(5), 401-405.
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