CASH-CONSCIOUS SYSTEMS ARE STAYING CAUTIOUS ABOUT NEW DEVELOPMENT
By Murray W. Wolf
At least three providers say their systems remain cautious. They are (from left to right) Choy Leow of Allina Hospitals & Clinics, Duane Spiegle of Park Nicollet Health Services and Raymond Piirainen of Fairview Health Services.
Photo by Healthcare Real Estate Insights™
Even though the economy is improving, it could be years before some hospitals and health systems proceed with big new real estate development projects, according to three healthcare executives who spoke at a recent industry event.
The trio made their comments at the “2010 Minnesota Healthcare & Medical Properties Conference,” which was held Feb. 26 in the Minneapolis suburb of Golden Valley. The event was presented by the Real Estate Communications Group, publisher of the Minnesota Real Estate Journal.
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