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.
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