Health Construction Still Very Weak in January

Census2Construction of new health facilities remained very weak in January, shrinking 0.1 percent since December, while other construction grew at 1.6 percent (Table I).

The rate of decline in public health facilities continued to be dramatic at 5.0 percent, versus booming 4.8 percent growth in other public construction starts. Private health facilities construction grew 1.3 percent in slow private construction market, which grew just 0.5 percent.

Over the last twelve months, health facilities construction starts have lagged other construction significantly. This suggests health systems are pessimistic about their ability to extract further revenue from the system.

20160301 TI

Comments (1)

Trackback URL | Comments RSS Feed

  1. Dianaa Hilton says:

    Hey John

    Thanks for updating about the health facilities construction and its a great way to explain the things.

    Great job and looking for more updates.