Shift Happens – What It Means for Healthcare Construction
January 2015 – The health care industry is undergoing change at a rapid rate. The increase in the number of insured, the aging of America, the implementation of high-deductible insurance products, new technologies, and less invasive techniques are just a few of the drivers behind these big shifts within the industry. According to Deloitte, the increase in insured individuals due to the Affordable Care Act (ACA) is expected to increase the demand for medical space by 64 million square feet. In the short term, a PricewaterhouseCoopers (PwC) survey estimates an increase in demand for medical space of 2% in 2014 and 6.8% in 2015. The emphasis will shift from the hospital to ambulatory facilities, medical offices, and retail clinics that are more conveniently
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