Ten U.S. health systems account for more than $21.5 billion of current and upcoming construction, according to a report from BuildCentral.
“The healthcare sector continues to drive a major part of the construction market,” BuildCentral CEO Rick Kang said. “The top health systems have more than $12.3 billion in active projects plus another $9.2 billion in the planning stages.”
According to the report, three health systems each have active projects totaling at least $2 billion in value. Sutter Health, with its $2.1 billion California Pacific Medical Center Cathedral Hill Campus project in San Francisco, leads the list. New York Presbyterian Healthcare System has four major active projects in the New York City area. Scripps Health is currently replacing its Scripps Memorial Hospital in La Jolla, California to the tune of $2 billion.
Health systems with major planned projects include the University of Maryland Medical System with multiple projects that have a combined estimated value of $1.6 billion, Virtua Health with $1.5 billion, and Kaiser Permanente with $1.4 billion.
The top ten health systems ranked by combined active and planned construction value are:
The report is based on BuildCentral’s proprietary construction market research. The firm, headquartered in Chicago, compiles comprehensive reports on all major U.S. medical construction projects. The full report can be downloaded at https://www.buildcentral.com/
Related Stories
Healthcare Facilities | Nov 6, 2017
Design isn’t enough to foster collaboration in healthcare and research spaces
A new Perkins Eastman white paper finds limited employee interaction at NYU Winthrop Hospital, a year after it opened.
Healthcare Facilities | Oct 25, 2017
Creating child-friendly healthcare spaces: Five goals for success
Children often accompany parents or grandparents in medical settings; what can we do to address their unique needs?
Greenbuild Report | Oct 23, 2017
NZE and carbon neutral
An Army hospital in the Mojave Desert sets a new bar for sustainable design.
Designers | Oct 10, 2017
Merging artwork and building design
With many hospital projects, art can be a construction-phase afterthought.
Healthcare Facilities | Oct 5, 2017
Architectural best practices for behavioral health: A case study at VCBR
Confined treatment centers for civilly-committed individuals.
Healthcare Facilities | Sep 29, 2017
Having a vision
The ability to clearly communicate specific priorities to your team is among the most important tasks the owner’s leadership team will perform.
Healthcare Facilities | Sep 21, 2017
Boat dealership becomes Tempe’s newest health clinic
The new space was designed with community input to be used by patients and non-patients alike.
Healthcare Facilities | Sep 19, 2017
Small UCHealth hospital in Longmont, Colo., designed with ability to grow over time
UCHealth Longs Peak Hospital opened for first patient on August 31.
Laboratories | Sep 12, 2017
New York City is positioning itself as a life sciences hub
A new Transwestern report highlights favorable market and regulatory changes.
Healthcare Facilities | Sep 5, 2017
Home away from home: Children’s hospitals that soothe, support, and distract
Building Teams help children’s hospitals create a sense of normalcy for patients and their families.