Essay Available:
Pages:
2 pages/≈550 words
Sources:
2
Style:
APA
Subject:
Health, Medicine, Nursing
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 8.64
Topic:
60 RE 3
Essay Instructions:
Determine financial strategies for health care sustainability initiatives.
Reflection
Reflect on the following in a minimum of 500 words:
Sustainability Finances
What are some financial benefits and drawbacks to implementing sustainability initiatives? Are there situations in which a financial loss is acceptable when it comes to implementing sustainability initiatives? Explain your answer.
Sustainability Tools and Resources
Find 2 to 3 tools or resources available to health care leaders to help guide their efforts toward sustainable operations and explain the benefits of these tools or resources.
Essay Sample Content Preview:
Sustainability in Healthcare
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Sustainability in Healthcare
Healthcare sustainability includes the incorporation of eco-friendly friendship, social equity, and fiduciary accountability that augment healthy, sensible, robust surroundings, and societies over time. It includes generating and preserving the surroundings, where people and nature can exist. This paper reflects on the on various financial benefits and disadvantages of sustainability initiatives in healthcare. Recognizing such aspects is vital for leaders in healthcare to make correct decisions
Financial Benefits
Sustainability initiatives ensures cost saving in healthcare operations. Estimating the financial implications of sustainable supply chain practices in a facility setting is vital to comprehend their value. For example, applying initiatives related to green supply chain in healthcare helps improve the use of resources and reduce the production of waste. Such outcome translates into financial savings (Rajagopalan et al., 2023). Additionally, sustainable practices improve operational efficiencies and improved product quality in healthcare. Such initiative can be witnessed in an efficient procurement process. For example, facilities that decides streamline their procurement processes by employing electronic orders ends up reducing papers. The outcome includes swift procurement process and decreased administrative problems.
Financial Drawbacks
Apart from significant benefits, the implementation of sustainability initiatives in healthcare does not come without some disadvantages. For instance, implementing such practices is challenging due to the cost and technological barriers. Adopting green practices demands huge investments in new technologies and equipment, which might be financia...
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