Spending for new hospital construction is projected to be more than $7 billion in 2016
Healthcare construction spending will continue to rise in the near future, according to an article on the Health Facilities Management website.
A recent report from Gordian Group said spending for new hospital construction is projected to be more than $7 billion in 2016 and increase to more than $8 billion by 2020.
Renovation spending is expected to grow as well.
For 2016, healthcare renovation spending is expected to be between $6 billion and $7 billion.
September 12, 2016
Topic Area: Construction
Hospital Evacuation Highlights Importance of Emergency PreparednessBerger Hospital was evacuated after smoke was discovered in the basement.
Building a Culture of Infection PreventionInvesting in infection prevention can benefit healthcare organizations and patient outcomes.
Ground Broken on Sanford Health Fargo's Peltier LodgeThe 28,400-square-foot facility will feature spaces to support patients and loved ones during treatment and throughout their outpatient care and monitoring.
The Role of Facilities Managers in Healthcare DesignJiayin Li discusses the way in-house facilities teams can help shape the design of key spaces.
Arkansas Urology Associates Experiences Data Security Incident