The Return of the Healthcare Market?

Affordable Care Act and the UPMC/HIghmark battle have had a negative effect on the healthcare construction market in Pittsburgh. Hospitals have been struggling with figuring out lower reimbursements and the casualties from the insurer/hospital wars. Healthcare construction was a major contributor to the overall construction market in Pittsburgh so the jump in activity over the past few weeks is encouraging.
Rycon Construction was awarded the $6 million first phase of the UPMC Jameson Hospital modernization in New Castle, where UPMC ultimately expects to spend $70 million over a period of years. PJ Dick was awarded the West Penn NICU project, which is in the $15-$20 million range. Bids are being taken from Massaro, Mascaro, PJ Dick, Turner, Rycon and Walsh on the $30 million Presbyterian Hospital cardiovascular renovation and the Shadyside Hospital patient room upgrade is also out. Waters Senior Living awarded Continental Building Systems its $27 million Warrendale facility. Wheeling Hospital is taking bids on a $20 million continuing care facility from Landau, Colainni, Mascaro and Volpatt.
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s