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Hospital Executives Avoiding Major Construction: Survey

Limited access to capital and potential reimbursement reductions are preventing hospitals from investing in major facility upgrades or even planning those projects, according to an October survey of 23 hospital executives by architecture firm Loebl Schlossman & Hackl. Instead, hospitals are catching up on delayed maintenance and undertaking smaller projects targeted toward outpatients, the survey found. About 80 percent of the respondents were with Chicago-area hospitals. Big construction projects are competing for the same dollars as initiatives to upgrade information technology and buy physician groups, said William Hejna, managing principal in health care consulting for the Chicago-based firm.  Full Article