Boosting Healthcare Facilities with EV Charging

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In the wake of the ongoing challenges posed by the COVID-19 pandemic, the uncertainties of 2023, marked by soaring inflation rates and workforce shortages, have cast a shadow over healthcare facilities globally. McKinsey & Company, in their insightful report on the future of US healthcare, highlighted potential growth areas like Medicare Advantage and ambulatory surgery centers. However, concerns loomed over sectors such as general acute care and Medicaid. Navigating this landscape, healthcare facilities are seeking innovative ways to cut costs and bolster revenue, and one promising avenue is the integration of Electric Vehicle Supply Equipment (EVSE).

The Case for EVSE Installation

The surge in electric vehicles on the roads has transformed EV charging into a key selling point for businesses and facilities. Offering the convenience of charging during errands and appointments is increasingly attractive to clients and customers.

Driving Revenue

Beyond mere convenience, EV charging can be a game-changer for attracting talent and retaining staff. Job seekers are drawn to facilities that provide EV charging as an employee amenity. Meanwhile, patients and visitors appreciate the chance to recharge during their time at the facility.

The revenue-boosting potential extends beyond attracting new visitors. Many healthcare institutions already leverage parking as a revenue source, with parking revenues delivering impressive net margins of 50 to 65 percent, as noted by the International Parking and Mobility Institute (IPMI). Paid EV charging introduces a fresh avenue for healthcare facilities to not only generate additional revenue but also incentivize EV drivers to choose their facility for parking.

Fleet Savings

The benefits of EV charging stations aren’t limited to revenue generation; they also align with cost-saving initiatives, particularly in fleet electrification programs. For healthcare facilities operating ambulatory or EMS fleets, transitioning from internal combustion engine (ICE) vehicles to EVs could result in substantial savings of up to 75% in fleet maintenance costs. Reduced maintenance and lower fuel expenses make the shift to an electric fleet a practical and cost-effective choice for healthcare facilities.

In summary, embracing EV charging is not just about staying current with automotive trends; it’s a strategic move that aligns with the financial goals of healthcare facilities, offering a dual benefit of revenue generation and cost savings.

Boosting Your Healthcare Facility’s Impact

In a world where 44% of global consumers lean towards brands committed to sustainability, the influence of this commitment extends far beyond tangible products. Even in the healthcare sector, where services take center stage, sustainability holds a sway over patient preferences.

According to an IBM Institute for Business Value study, a whopping 67% of individuals prefer job opportunities at companies championing sustainability. In the healthcare industry, where talent is a precious commodity, adopting sustainable practices becomes a strategic advantage in attracting skilled professionals.

But sustainability isn’t merely a marketing ploy to lure patients and staff. It’s a catalyst for positive change in patient health. The American Lung Association’s (ALA) Driving to Clean Air report illuminates the potential impact – a shift to 100% zero-emission vehicles and clean energy generation by 2050 could usher in $978 billion in public health benefits. Picture this: 89,300 fewer premature deaths, 2.2 million fewer asthma attacks, and a staggering 10.7 million fewer lost workdays.

The ALA highlights a stark reality: over 35% of Americans, approximately 120 million people, reside in areas grappling with unhealthy levels of ozone and particle pollution. The consequences are dire – increased asthma attacks, heart issues, strokes, lung cancer, and premature death. Unsurprisingly, these health disparities disproportionately affect communities of color and lower-income groups, amplifying the urgency for change.

Your healthcare facility, by incorporating electric vehicle charging stations, can be a beacon of change. Not only does it align with global sustainability trends, but it directly contributes to cleaner air and a healthier community.

Getting Funds for EV Charging Stations

Setting up electric vehicle (EV) charging stations at healthcare facilities doesn’t have to break the bank for healthcare operators. Various funding avenues, including federal, state, and local programs, as well as collaborations with utility providers, can help ease the financial burden.

Federal Boost for EV Charging

The Internal Revenue Service manages the Alternative Fuel Vehicle Refueling Property Credit. This credit offers a generous 30% tax break on EV charging station costs, capped at $100,000. Good news—it’s available until the end of 2032. To qualify, your EV charging station must be in low-income communities or non-urban census tracts. For an in-depth look at how this tax credit operates, check out our detailed guide.

The Department of Energy’s Vehicle Technologies Office (VTO) is another federal ally. They back impactful projects striving to reduce reliance on petroleum through innovative and sustainable transportation technologies, like EV charging. Keep an eye on their Funding Opportunity Announcements, which evolve annually.

For a comprehensive list of federal funding programs supporting EV infrastructure, visit the Department of Transportation’s overview. And, if you decide to partner with Blink Charging for your electrification needs, count on us to help identify all available funding avenues.

Local Support for EV Charging

States also pitch in with funding for EV charging stations. Discover what your state offers by using Blink Charging’s Commercial Incentives tool. Input your zip code and the type of Blink charger you’re interested in to unveil potential funding opportunities in your area.

Simplified Procurement with Group Purchasing

To streamline the process and avoid the hassle of product research and bidding, many organizations turn to group purchasing organizations. Blink Charging has earned recognition as a supplier for Level 2 and DC fast charging stations with Vizient and Provista. If you’re a Vizient or Provista member, reach out to your account manager to unlock Blink’s negotiated rates for EV charging—saving you both time and money.

EV Charging Solutions for Healthcare: A Vital Step Towards Sustainability

When it comes to EV charging at healthcare facilities, Level 2 chargers emerge as the optimal choice for public use. With a charging time of four to eight hours, these chargers efficiently top up vehicle batteries, making them ideal for the typical duration of a healthcare worker’s shift. Patients and their visitors can also conveniently charge during medical appointments. Notably, Level 2 chargers offer a cost-effective installation compared to their direct current fast charger counterparts.

For healthcare facilities contemplating the electrification of their fleet, a tailored approach is key. Assess your current vehicle usage and seek guidance from a Blink fleet specialist for informed decisions. Depending on your fleet’s needs, a strategic combination of Level 2 and DC fast chargers might be the best fit.

In the context of a healthcare facility’s fleet, a judicious mix of Level 2 chargers and at least one DC fast charger proves effective. The Level 2 chargers suit vehicles with extended parking periods, ensuring a gradual but thorough recharge. Meanwhile, the DC fast charger accommodates vehicles requiring a swift charge, a crucial feature for emergency vehicles like ambulances.

In conclusion, healthcare facilities, dedicated to patient well-being, can contribute significantly to a healthier environment by embracing EV charging solutions. Transitioning to electric vehicles for public use and internal fleets aligns with sustainability goals and underscores their commitment to a greener future. Ready to embark on this eco-friendly journey? Reach out to Blink Charging today and initiate the seamless integration of EV charging at your healthcare facility.

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