From the perspective of an energy infrastructure developer, every open space under the sun has the potential to generate solar energy. Noel Lafayette, policy advocate and executive at Pixel Health, recently shared his thoughts on how healthcare facilities can take advantage of solar in their parking lots—and how to fund these investments to be cash…
In our current age of sustainability and ever- rising energy prices, microgrids are getting new attention as an excellent alternative solution, which makes sense because they are reliable round the clock on-site power generation for large facilities. Microgrids are distributed energy resources (DERs), such as solar panels, wind turbines, batteries, fuel cells, microturbines, and other…
Many hospitals and health systems are facing unprecedented losses in revenue. Addressing these severe margin pressures requires re-examining how to sustainably reduce expenses. Mike Machulsky, Executive Vice President, Strategic Partnerships at Pixel Health, shared his thoughts on navigating and implementing cost optimization strategies in today’s healthcare market. Understanding hospitals’ financial situation “Saving money right…
Many hospitals are facing economic challenges in today’s post-COVID era as revenues and reimbursements haven’t kept pace with the rapidly escalating costs of wages, inflation, drugs and supplies. To achieve financial viability without reducing services, many healthcare systems are exploring how to lower operating costs by leveraging tax credits and other fiscal incentives in the…
To help healthcare facility executives and energy procurement managers advance their sustainability goals, we’ve gathered some of the key reasons why we believe our partnership helps simplify carbon reduction—from analysis and financing to implementation and monitoring. 1. Benefit from our experience executing sustainability programs in healthcare.At Pixel Health, we know healthcare is a highly complex…
Healthcare facilities and hospitals are focused on improving patient outcomes, but achieving these goals often requires carbon-intensive energy sources. Learn how the U.S. healthcare system has started to recognize its harmful impact and how this sector is taking steps to reduce its carbon footprint and protect public health. Understanding the environment impact of healthcare systems…
Renewable energy is key to the health of our planet and the communities that healthcare delivery organizations serve. The healthcare sector is responsible for an estimated 8.5% of America’s total greenhouse gas emissions according to MedPage Today. On average, hospitals use 31KWH of electricity and 103,600 BTUS of natural gas per square foot per year;…
It’s a given in this day and age that technology is the root of a lot of how Healthcare gets done. You’ll often hear doctors say “we are run by the IT department.” In many instances, that’s true. So why are the IT experts the last people invited to the party when evaluating a…
If we’re to believe the pundits, 2021 looks to be a rebound year for merger and acquisition activity in the healthcare industry. And not a moment too soon. COVID-19 hit the Mergers & Acquisition business big time in 2020. According to Bain and Company, overall healthcare disclosed deal value decreased by a whopping 37% (-$339B)…
The pandemic was good for something. COVID-19 prompted expanded government reimbursement and the lifting of some regulations, resulting in an enormous amount of money flowing into digital health applications and start-ups. According to the Digital Health Funding report from venture capital firm Rock Health, COVID-19 “created what felt like a fast forward button for digital…
