The seismic safety regulations in California set to go into effect in 2030 are unfunded, which means the legislation does not specify where the money will come from to meet the stringent requirements, according to an article on the AAMC News website.
It represents the largest unfunded mandate ever passed by the state, with much of the burden falling on hospitals and healthcare systems.
California’s hospitals have already spent billions of dollars to retrofit existing buildings or construct new ones.
The next phase could prove even costlier. It is estimated that the cost of meeting the 2030 requirements will run between $34 billion and $143 billion.
Containing Candida Auris Across the Care Continuum
Early Entry: Manager's Critical Role in Construction Planning
OhioHealth Van Wert Hospital Earns Critical Access Hospital Designation
Designing a Home Away from Home
Stephens County Hospital Becoming Part of Wellstar Health System