In the United States, healthcare consolidation is booming these days. The sheer number of healthcare-related mergers and acquisitions hit a new record in 2018, up from a record set just one year prior.

The Internet of Things (IoT) produces intelligence we can act on. With the ability to streamline everyday processes, IoT has the potential to transform the way we design, commission, fund, and build projects across all sectors. When it comes to major capital projects for healthcare, however, there are additional considerations to take into account – particularly how regulatory requirements from the Centers for Medicare and Medicaid Services and The Joint Commission affect both design and construction methods.

Among the myriad of strategic challenges facing healthcare providers in 2017, improving capital effectiveness is emerging as a critical lever for healthcare executives to pull.