Princeton Community Hospital Chooses Amerinet Choice Energy Solutions to Rein in Natural Gas Costs

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Partnership expected to bring close to $1 million in savings.

Amerinet Inc., a leading national healthcare solutions organization recently partnered with Princeton Community Hospital in Princeton, W.V., to help the 267-bed facility save on its energy costs, resulting in a savings of nearly $1 million in natural gas costs.

“Colleen Cox, Director of Materials Management seized the opportunity to capitalize on market conditions to lock in current and future savings on natural gas,” said Wayne Griffith, CEO of Princeton Hospital. “The Amerinet Choice Energy Solutions program provided objective and customized information that helped us make informed energy decisions.”

Taking advantage of favorable market conditions that had seen the price of natural gas drop considerably and working through Amerinet’s contracted partner, Clear Choice Electricity, Princeton was able to replace their expiring contract for natural gas at an annual savings of $238,000. The new rate is locked for more than four years, which should bring more than $994,000 in savings over the contract term.    

Mike Reid, vice president of Amerinet Choice Energy Solutions, said that Amerinet Choice Energy Solutions is a program designed to support healthcare executives in defining strategies, policies and goals in energy management and conservation. Participants will feel confident they are making environmentally responsible decisions that support cost reduction and create an energy efficient healthcare facility for their patients and staff.

Members can utilize various components of the program, such as consulting services for utility bill audits or ENERGY STAR benchmarking, equipment and device procurement services and commodity acquisition services, to see how changes in these areas can impact a facility’s energy expenditures.

Princeton Community Hospital and Amerinet are currently analyzing other plant engineering opportunities for energy utilization savings and capital renovations.

About Amerinet
As a leading national healthcare solutions organization, Amerinet collaborates with acute and alternate care providers to create and deliver unique solutions through performance improvement resources, guidance and ongoing support. With better product standardization and utilization, new financial tools beyond contracting and alliances that help lower costs, raise revenue and champion quality, Amerinet enriches healthcare delivery for its members and the communities they serve. To learn more about how Amerinet can help you successfully navigate the future of healthcare reform, visit http://www.amerinet-gpo.com.

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Evan Danis
Amerinet
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