Silicon Valley is showing little evidence of the slowdown in hospital construction reported in other parts of the Golden State. With the exception of Sutter Health’s plan for a hospital in San Carlos, millions of dollars in projects are going full-steam ahead.
A California Hospital Association study shows 41 percent of the state’s hospitals have halted planned construction or major equipment purchases. One-fourth reportedly have been unable to secure financing for projects. Click here to read full article
Posted April 23, 2009