City’s hospitals spend billions amid construction surge Health care construction spending to increase to $8B through 2018
Richard Anderson and construction site at 1283 York Avenue
The city’s health care sector is seeing a surge in construction spending as hospitals spend billions updating outdated facilities and adding preventative health services, a new study finds.
Hospitals in the five boroughs spent more than $6 billion on construction between 2013 and 2015, and are expected to dole out another $8.2 billion through 2018, according to a new study and survey from the New York Building Congress.
Industry consolidation is one of the factors pushing the spending increase, as big hospital systems acquire other organizations including doctors’ offices and smaller health-care facilities, the Wall Street Journal reported.
Smaller facilities are also under development in the city, as primary and outpatient-care services expand bo上海贵族宝贝交流区