Healthcare construction rising

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. 

Read the article.

 

 



September 12, 2016


Topic Area: Construction


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