Sustainability Initiative Environmental and Financial Contexts
Exam Content
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 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.
-Explan 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.
Cite 3 reputable references to support your assignment (e.g., trade or industry publications, government or agency websites, scholarly works, or other sources of similar quality).
*********Please Please cite sources based in the U.S.**********
Summative Assessment: Matrix Analysis of Sustainability Initiative Environmental and Financial Contexts
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Summative Assessment: Matrix Analysis of Sustainability Initiative Environmental and Financial Contexts
Part I
ContextCostGeneral objectiveSustainability objectiveEstimated current costs$2000The aim is to reduce costs and enhance care outcomes with minimal environmental impacts.This attempt aims to construct a healthcare center that has less of an impact on the surrounding environment and consumes a lower amount of energy overall. Through the installation of more energy-efficient lighting, the project hopes to cut down on the total energy the hospital will use over the next five years.Estimated implementation costs$500$400$300Cost projection after implementation$200$300$250Social and environmental costs$300$500$600Benefits over timeReduced costs
Enhance environmental sustainability
Eliminate negative environmental impactCost-savingSave costs by minimizing wasteRe...
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