Construction Industry Embraces a New Wave of Healthcare Facilities

Written by: Kim Slowey | Construction Drive

In many areas of the country, gone are the days when one had to spend hours in the car traveling to see a medical specialist or sit patiently all night in the emergency room waiting to connect with a doctor. Urgent care centers, walk-in clinics and medical specialty complexes are popping up nationwide, even in retail strip malls.

According to a 2016 hospital construction survey by Health Facilities Management, construction of outpatient facilities has significantly increased across the board when compared to 2015. And that growth is expected to continue: 35% and 21% of respondents, respectively, said they had a medical office or an ambulatory care project in the works in the next three years. HFM's survey also found that construction of ambulatory surgery centers, imaging centers, immediate care facilities and health system–branded medical clinics and centers have taken off since last year. Retail healthcare clinic growth — such as that offered by CVS, Walgreens or Wal-Mart — is also expected to be robust. According to a December 2015 Accenture report, there should be more than 2,800 in-store clinics operational by the end of 2017, a 47% increase from 2014.

This boom for the construction industry, as well for patient convenience, said Cindy Juhas, chief strategy officer for medical equipment company CME, is thanks to the Affordable Care Act, which was signed into law in March 2010.

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2018 Healthcare Real Estate Outlook