Politics causes healthcare facilities to stop projects, hiring

Some U.S. hospitals are delaying expansion plans and moving to cut costs


Uncertainty about healthcare legislation is forcing some U.S. hospitals to delay expansion plans, cut costs, or take on added risk to borrow money for capital investment projects, according to an article on the Reuters website.

Hospitals usually have multi-year operating plans, but since the election, Denver Health has deferred $73.7 million-worth of construction projects, the article said.

"We want to know what will happen with the Medicaid expansion population, and what will be the timeline for that," said Peg Burnette, Denver Health’s chief financial officer. 

"Due to the uncertainty, we're not going to issue new debt. We have no plans for that in the near future."

Read the article.

 



April 5, 2017


Topic Area: Industry News


Recent Posts

Upward Mobility: Market Forces Drive Hospitals Higher

Healthcare facilities nationwide are navigating challenges and opportunities presented by expanding their reach into the sky.


Georgia Hospital Bomb Hoaxes Highlight Need for Healthcare–Police Partnerships

Proactive planning and close collaboration with law enforcement help healthcare facilities maintain safety and continuity during false threats.


MUSC Health Celebrates Groundbreaking for Nexton Hospital and Ambulatory Cancer Facility

The Nexton cancer facility is expected to open in summer 2027, and the Nexton hospital in summer 2028.


Mattresses Require Strict Care to Prevent Spread of Infections

Poor cleaning and disinfection techniques contribute to the persistent contamination of patient mattresses.


Gardner Health Services Opens Alum Rock Health Center

The 10,080-square-foot facility provides essential medical, dental, mental and chiropractic services to the Mayfair and East San José neighborhoods.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.