Construction of new medical office building (MOB) is at the forefront of a year of growth for healthcare facilities, according to an article on the Health Facility Management website.
This follows a strong 2015 for the industry, according to Revista, Annapolis, Md., a source of data on healthcare property and construction.
A Revista report says there was $97.1 billion in projects in the healthcare real estate construction pipeline by the end of 2015.
That's a 12 percent increase from midyear 2015.
The top state for healthcare construction is California with 13.6 million square feet.
Healthcare Real Estate: Responding to Shifting Patient Demands
Over 40% of Workers Impacted by Seasonal Depression
Archer Property Partners Acquires Medical Office Building Near Tri-City Hospital
The OR HVAC Puzzle: Why Individual Systems Are on the Rise
Sutter Health Announces Plans for New Santa Clara Medical Center