Hospitals in some regions of the country have undergone a recent building boom, renovating, expanding or building new facilities, but it's come with a price--higher interest payments, according to an article posted on the FierceHealthFinance web site.
Three hospitals in the Chicago area who have undertaken recent building projects says the cost of servicing their debt has gone up, Crain's Chicago Business reports.
For Ann & Robert Lurie Children's Hospital of Chicago (formerly Children's Memorial Hospital) located in the downtown Streeterville neighborhood, interest payments have increased more than five-fold. Similar situations are being reported in in other parts of the country.
Read the article.
Rethinking Strategies for Construction Success
From Touchless to Total Performance: Healthcare Restroom Design Redefined
New York State Approves $53M Construction Program at Niagara Falls Memorial Medical Center
How Health Systems Are Rethinking Facilities Amid Margin Pressure
Ground Broken on New Medical Office Building in Scottsdale, AZ