Wk 2, MHA 560: Matrix Analysis of Sustainability Initiative Environmental and Financial Contexts

Best practices for health care sustainability must be examined from both environmental and financial contexts. A matrix is a sound method for such an examination.

The top management of your organization has requested that you prepare a matrix analysis of both environmental and financial contexts for your proposed sustainability initiative. 

Part I: Matrix analysis

Organize and include the following in your matrix:

• Estimated current costs involved in your sustainability initiative’s processes (e.g., staffing, facility, operating, products, services)
• Estimated cost to implement initiatives (e.g., new equipment, new contracts, or staff)
• Cost projections after implementation
• Social and environmental costs
• Benefits
• Cost savings, immediate or over time
• Benefits over time (1 year, 5 years, 10 years, etc.)
• Local, state, or national revenue sources for your initiative

Part II: Matrix summary analysis

Prepare a 700-word summary of your matrix analysis. Include the following in your summary:

• Restate your individual sustainability initiative.
• Relate how your initiative might impact other sustainability initiatives within your organization.
• Describe various environmental contexts that could impact your sustainability initiative.
• Analyze and summarize the financial contexts and implications your sustainability initiative will have on your selected organization.
• Explain the cost savings and benefits over time.
• Recommend a local, state, or national revenue sources for your initiative and why you believe the source is appropriate.

Cite 3 reputable references to support your assignment (e.g., trade or industry publications, government or agency websites, scholarly works, or other sources of similar quality).

Format your references according to APA guidelines.