Financial Impact
Hospitals’ chiefs and designers say that building a patient-oriented facility increases marginally the cost of construction, and the extra expense does not pass along to patients. EBD practices, if applied to the whole healthcare system, maximize the capital investment by quantifiably improvements, producing a significant multiyear return on investment. In fact, cost savings resulting from reducing infections, decreasing staff turnover efforts, reducing hospitalization time, properly managed and monitored, match to financial benefits that continue for several years, making the innovations a long-term investment.
Read more about this topic: Evidence-based Design
Famous quotes containing the words financial and/or impact:
“In full view of his television audience, he preached a new religion—or a new form of Christianity—based on faith in financial miracles and in a Heaven here on earth with a water slide and luxury hotels. It was a religion of celebrity and showmanship and fun, which made a mockery of all puritanical standards and all canons of good taste. Its standard was excess, and its doctrines were tolerance and freedom from accountability.”
—New Yorker (April 23, 1990)
“One can describe a landscape in many different words and sentences, but one would not normally cut up a picture of a landscape and rearrange it in different patterns in order to describe it in different ways. Because a photograph is not composed of discrete units strung out in a linear row of meaningful pieces, we do not understand it by looking at one element after another in a set sequence. The photograph is understood in one act of seeing; it is perceived in a gestalt.”
—Joshua Meyrowitz, U.S. educator, media critic. “The Blurring of Public and Private Behaviors,” No Sense of Place: The Impact of Electronic Media on Social Behavior, Oxford University Press (1985)