The Truth About Healthcare Development Costs
Healthcare development has had a red-hot run, so things are about to get difficult... right? (Karma's a bi...builder's nightmare.)It seems like a good time for our Healthcare Expansion Summit next Thursday at the Philadelphia Marriott Downtown.Here's a preview:
We spoke with one of our event panelists, Turner Construction exec Greg Ryan. He tells us that cost escalation appears to be anon-issue. Nationally, construction costs in March were unchanged from February and increased only 0.9% since this time last year, he notes, and the regional picture looks very similar.
That said, construction companies dohave their eye on controlling costs through productivity gains and cost economies, Greg says. For its part, Turner is using Building Image Modeling (BIM), prefabrication of parts and building systems, and modular construction. For plenty more specifics, sign up for our event and we'll see you next Thursday.
