In 2021, Bernhard and LCMC Health entered into a 15-year Energy-as-a-Service (EaaS) agreement that includes six of LCMC Health’s facilities. The EaaS arrangement, the largest of its kind in U.S. healthcare history, transfers the risk of utility operations and maintenance of LCMC Health’s chilled water system to Bernhard and allows for state-of-the-art infrastructure upgrades.
In the first two years of the partnership, Bernhard will deliver improvements to LCMC Health’s infrastructure that will create efficiencies and improvements in each facility’s operations, and provide utility cost savings once the improvements are completed. Cumulatively, the improvements are expected to yield a 26% reduction in LCMC Health’s enterprise carbon footprint.
The LCMC Health transaction further represents an important milestone in Bernhard’s exclusive agreement with HealthTrust and ProStar Energy. As one of the nation’s leading performance improvement organizations, HealthTrust offers procurement and supply-chain services to more than 1,500 U.S. hospitals and health systems, including LCMC Health.