Health-care market robust.
Construction of health care facilities hit an all-time high in 2002 totalling about $16 billion of work. As baby boomers age health care construction will soar, because seniors are the largest consumers of health care The top five firms--Perkins & Will, HDR, HKS, NBBJ, and Ellerbe Becket--monopolize about 20 percent of the work. H.R. 1 increases Medicare payments to rural hospitals by $25 billion over 10 years--so help is on the way for facilities that are languishing.
Merkel
Jayne
J
D000368:Aged; D001108:Architecture / Q000639:trends*; D005160:Facility Design and Construction / Q000639:trends*; D005544:Forecasting; D019981:Health Care Sector / Q000639:trends*; D006801:Humans; D008875:Middle Aged; D011157:Population Dynamics; D014481:United States