October 2025 Internal Newsletter

HEALTHCARE

The 2025 survey reveals that hospitals are significantly rising their investments in infrastructure: 61% of respondents expect increased capital budgets for infrastructure upgrades in 2025, outpacing even new construction and reno vations. Renovation budgets are likewise climbing — hospitals that allocated ~30% of capital budgets to renovations in 2024 now project ~37% in 2025. This shift underscores a growing focus on deferred maintenance, system re silience, and modernization of existing facilities rather than only building new capacity.

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