The value of cost estimating in the healthcare facility project

Cost estimating can help avoid surprises


Cost estimating a healthcare project can hep avoid surprises on bid day, according to an article on the Healthcare Operation + Construction website.

Cost estimating throughout the construction process helps keep projects on budget and provides facility owners with information about system life cycles.

"It’s essential in understanding how many square feet are needed for a project and how much it will cost,"  said Paul Whitson, senior vice president and regional healthcare leader in HOK’s St. Louis office 

"There are generally two big changes in (cost-estimating) project phases: when you move from unit-costing to systems-costing and when unforeseen contingency costs become clearer."

Read the article.

 

 



April 5, 2017


Topic Area: Project Management


Recent Posts

5 Reasons Engineering is the Edge in Healthcare Master Planning

The most successful plans go further to unlock smarter investments, improve resilience and enable better patient outcomes.


Building an AI-Ready Healthcare Facility 

Creating a secure, standardized data foundation can help facilities teams put AI to work more effectively.


Family Medical Associates of Raleigh Reports April 2026 Data Breach

The investigation has found evidence that between April 18, 2026, and April 20, 2026, an unauthorized actor intermittently accessed some FMAR systems.


Every Detail Matters: A Patient's Story of Healing, Hope and Healthcare Facilities

In the Facilities in Focus season finale, 11-year-old Kendalynn and her mother share how Intermountain Primary Children’s Hospital became more than a place for care.


Geisinger Wyoming Valley Medical Center Tops Off New 11-Story Tower

The expansion will improve the patient experience by transitioning the hospital to all private patient rooms while significantly increasing clinical capacity.


 
 


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.

 
 
 
 

Healthcare Facilities Today membership includes free email newsletters from our facility-industry brands.

Facebook   Twitter   LinkedIn   Posts

Copyright © 2023 TradePress. All rights reserved.