Break-even of Renewable Resource Technology Investment as a Function of the NPV and MIRR to Meet the Pay-Back Period.

Break-even of Renewable Resource Technology Investment as a Function of the NPV and MIRR to Meet the Pay-Back Period.

United StatesChina
Project Stage:
Idea
Budget: 
< $1,000
Project Summary
Elevator Pitch

Concise Summary: Help us pitch this solution! Provide an explanation within 3-4 short sentences.

Regional Health Care Integrated Delivery System using renewable resource energy to yield a break-even over the pay-back period.

About Project

Problem: What problem is this project trying to address?

The Need: Demands for low cost energy to fuel municipal operations as a function of public health & safety infrastructure. Examples of requisite public infrastructure include street lamp lighting systems and regional health care integrated delivery systems. In the U.S., the city of Detroit, MI, have been unable to affort the continuous operation of street lights. In India, the lack of an integrated health care system prevents primary care services as well as preventive health care maintenance, leading to numerous health issues especially effecting pregnant women, newborn children, and other at-risk groups. The size/dynamic of the target market is inclusive of developed and emerging economies.

Solution: What is the proposed solution? Please be specific!

The solution is to strategically incorporate the use of renewable energy resources to reduce the operating costs of a Regional Health Care Integrated Delivery System. The break-even on the payback period of the initial capital outlay requirement for the renewable resource technologies is expected to be a function of the operating expenses of the facility and of municipal services (street lighting), and the revenue generated by reselling energy to the global energy grid network. Tax receipts as a function of population and wages earned require jobs to which an increase is expected due to the increase in operating expenses. The rationale: reinvestment into human capital as a function of higher net revenue due to lower operating expenses and net-zero cost of energy, that is, beyond the break-even. Lastly, fiscal Federalism enables health care insurance to all municipal citizens to initiate coverage for preventive care, leading to improved health care outcomes.
Impact: How does it Work

Example: Walk us through a specific example(s) of how this solution makes a difference; include its primary activities.

For example, the Digester Gas system as built within the city of Portland, OR, US, now a comprehensive energy solution that covers a large percentage of the aggregate municipal energy demand requirement. Within the city of Detroit, health outcomes have decreased and rates of under/uninsured have increased in the minority and at-risk population, in part, caused by the recent economic downturn due to the mortgage and credit crisis from the collapse of the housing and financial markets. The Regional Health Care Integrated Delivery System (RHIDS) within the framework of the fiscal federalism model of municipal operations management will provide health insurance coverage to the under/uninsured population within the city for preventive services and emergency care at the RHIDS. The solution provides an energy surplus to which municipal operations provide a public good, such as street lighting systems, can operate essentially cost free using renewable resource energy. The health care outcomes in communities using the RHIDS will improve due to the coverage of at-risk populations to which the cost of care is higher than the median of the total population due to the relatively high cost of invasive surgical procedures associated with cardiovascular disesases such as congestive heart failure (CHF). This model, applied in nations including India, can eradicate health care outcomes related to poverty, within a hypothesized two decades. Additionally, the excess energy will lower the cost for energy on the global markets as a function of distrubution.
Sustainability

Marketplace: Who else is addressing the problem outlined here? How does the proposed project differ from these approaches?

Market peers are engineering companies such as Johnson Controls, a HVAC renewable resources engineering firm and Biomass companies such as Evergreen Engineering. The competitor ironically is also the b2b and b2c market such that the Digester Gas manufacturer and the client, the municipal government are generally in direct contract to provide all services. Therefore, to integrate the RHIDS into the fiscal federalism, the infrastructural costs for the RHIDS development should be expensed within the initial vendor contract with the municipal entity and the service provider.
Team

Founding Story

The "Aha!" moment happened after thinking about the 'iron triangle' that exists between the provider, the insured, and the payor to which costs are driven higher and inefficiencies between cost and quality of care are excacerbated. I was then able to expand the idea to renewable resources technologies to provide a net-positive energy benefit to populations with poor health care outcomes.
About You
Organization:
Minerva Consulting
About You
About Your Organization
Organization Name

Minerva Consulting

Organization Country

, NY

Country where this project is creating social impact
How long has your organization been operating?

1‐5 years

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Innovation
How long have you been in operation?

Still in idea phase, but looking to launch soon

Which of the following best describes the barrier(s) your innovation addresses? Choose up to two

Access, Cost, Quality, Equity.

Social Impact
Please describe the goal of your initiative; outline what you are trying to achieve

My first goal is to improve health care outcomes and reduce the under/uninsured populations within communities where the RHIDS is developed. The second goal is to produce sufficient energy to power the health care facility as well as municipal public safety operations.

What has been the impact of your solution to date?

The underlying paper has been submitted to the Hospital Build China and the Hospital Build Middle East as a donation of intellectual capital and has been shown to two professionals that have applauded the approach.

What is your projected impact over the next five years?

The projected impact over the next five years is to lower the under/uninsured rate and to reduce the operating expense of municipal public safety services and regional hospital facilities where the RHIDS is operating.

What barriers might hinder the success of your project? How do you plan to overcome them?

Political, regulatory, and access to capital barriers represent the most likely obstacles to success. Overcoming these obstacles is a function of persistence and negotiation with key members representing each barrier.

Winning entries present a strong plan for how they will achieve and track growth. Identify your six-month milestone for growing your impact

Blueprint Ready

Identify three major tasks you will have to complete to reach your six-month milestone
Task 1

Link a municipality with the services of the RHIDS

Task 2

Negotiate vender and municipal contracts to facilitate development to being shovel ready

Task 3

Negotiate and pitch for new venture capital to facilitate the next phase of development and integration

Now think bigger! Identify your 12-month impact milestone

Shovel-Ready Project

Identify three major tasks you will have to complete to reach your 12-month milestone
Task 1

Secure capital equipment, renewable resource technology, machinery and equipment for RHIDS construction

Task 2

Contract with contractors and contracting firms to provide the technical labor neccessary for development

Task 3

Facilitate an integrated insurance network between the RHIDS network and the municipality

Sustainability
Tell us about your partnerships

Current parnerships exist with the Hospital Build China and Hospital Build Middle East. Hospital Build China is interested in development of the RHIDS.

Are you currently targeting other specific populations, locations, or markets for your innovation? If so, where and why?

I am going to target cities such as Detroit, MI, and countries including India, Iran, and countries represented in aggregate by the continent of Africa.

What type of operating environment and internal organizational factors make your innovation successful?

An operating environment centric to renewable resource technology as a means to reduce total operating expenses coupled to internal organizational factors such as efficient human resources management and SMART energy distribution systems will enable the project goals number 1 and 2.

Please elaborate on any needs or offers you have mentioned above and/or suggest categories of support that aren't specified within the list

I would like to meet with a consortium of individuals from the resource groups listed.