Analysis: S.F. Leads Nation in Hospital Construction Projects
U.S. hospitals are spending billions of dollars on construction projects to expand market presence and boost profits, and such initiatives have become a key driver of health care costs, according to a yearlong investigation by the Pittsburgh Tribune-Review. The investigation found that San Francisco leads the nation in hospital construction with six projects worth $4.9 billion in development or under way. Including long-term financing payments, hospital construction projects around California could cost more than $250 billion.
- "Medical Building Boom Increasing Americans' Health Care Costs" (Conte/Fabregas, Pittsburgh Tribune-Review, 12/18).