FMI, a management consultant and investment banking firm for the engineering and construction industry, recently released its Q1-2014 Construction Outlook.
According to the report, the healthcare segment will grow 2 percent in 2014. However, a jump to 6 percent is predicted in 2015 as the outcomes on new healthcare regulations become clearer.
While FMI sees hospital beds decreasing, nursing homes and assisted-living facilities are expected to continue to grow due to the demographics of retiring baby boomers.
Excluding the posh facilities for the wealthy, new designs will be more lean, green and filled with technologies to keep the added labor requirements to a minimum, the report said.
Download the report.
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