A new paper says healthcare leaders can save lives and money by investing in climate resilience, according to an article on the Markets Insider website.
The report — "Safe haven in the storm: Protecting lives and margins with climate smart healthcare" — was published by Health Care Without Harm and PricewaterhouseCoopers Advisory Services LLC (PwC).
The yearly average for U.S. extreme weather events costing over $1 billion has shot up from a historic 5.5 events in 2012 to 10.5 events in 2016, all during a time when many hospitals are struggling to break even, the article said.
The benefits of preparedness outlined in the paper include return on investment and risk management, fiduciary responsibility, enhanced reputation, and coverage stability.
The report can be found at: www.noharm.org/safehaven
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