Study: Health execs are energy-cost conscious

A new study has concluded that healthcare executives place more emphasis on energy efficiency than other industry execs, and are more likely to plan on making improvements in this area than executives in other industries. The study by energy equipment management firm Johnson Controls and the American Society for Healthcare Engineering involved a survey of 335 energy decision-makers in the healthcare industry during March 2008. Meanwhile, Johnson Controls conducted a parallel multi-industry study that polled 1,150 North American executives in cooperation with the International Facility Management Association.

The survey concluded that 57 percent of respondents in the multi-industry study consider energy efficiency to be extremely or very important, as compared with 65 percent of healthcare organizations. Two-thirds of healthcare organizations also reported plans to invest capital in energy efficiency projects this year, as compared with 56 percent in the multi-industry survey. Healthcare organizations will spent 8 percent of their capital budgets and 6 percent of their operating budgets to conserve energy next year. Meanwhile, healthcare organizations were willing to tolerate a 4.2 year payback on such investments, as opposed to 3.6 years for other industries.

To learn more about healthcare energy investment:
- read this Healthcare Finance News article

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