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Good Long-Term Markets Prospects Are Clouded by Short-Term Pains

Publication Date: 19-NOV-08
Author: Tom Nicholson
Format: HTML

    
Description:
Hospital and health-care owners around the nation, midway into capital construction programs that were envisioned and budgeted in less-dour economic times, are nervously watching Wall Street's woes as they race to meet growing demand for high-performance, patient-friendly, rapidly delivered facilities. Industry analysts' forecasts that earlier this year projected strong hospital starts until 2009 based on unprecedented demand, reversed course by fall when owners began to balk at new plans and projects as stock markets tanked and bond rates soared.
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