Tampa Bay area experiencing healthcare construction boom

Expanding population and mix of government, commercial insurance and private payers make Florida region an attractive market


The Tampa Bay area is experiencing a healthcare construction boom as an expanding population and mix of government, commercial insurance and private payers make Florida region an attractive market, according to an article on the Tampa Bay Business Journal website.

Also, because Florida is a “certificate of need” state, building outpatient facilities within the region, but not on the main hospital campus, allows hospitals to expand their market share across a larger area.

“There are more and more affiliations happening these days between hospitals and physician groups. In some cases, those affiliations are being coupled with promises to expand facilities,” one expert said said.

At the same time, banks are looking for ways to make good loans.

Read the article.

 

 



April 13, 2016


Topic Area: Industry News


Recent Posts

Texas Law Limits Backup Power Mandates for Senior Care Facilities

As Texas relaxes generator mandates, healthcare facility managers now face tough decisions about emergency power investments and resident safety.


Cyber Crossfire: Why Healthcare Is Becoming a Battleground in Global Conflicts

As geopolitical tensions escalate, hospitals and critical suppliers are increasingly targeted in cyberattacks.


UPMC Presbyterian Receives $65 Million Gift for New Bed Tower

The tower is projected to open for patient care in early 2027.


Premier Health Partners Falls Victim to Cyber Incident

The incident occurred in July 2023.


Backup Power's Expanding Role in Emergency Preparedness for Healthcare

Manufacturers discuss design strategies, code shifts and lessons learned from real-world disasters.


 
 


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.