MON I T OR K E E P I N G T R A C K of t h e I N D U S T R Y ' S V I TA L S I GN S E D I T E D BY A N N E D I N A R D O TOP 3 CHALLENGES RESPONDENTS SAY HEALTHCARE PROJECTS FACE TODAY 79% Inflated construction costs tied to material and labor shortages 38% Developing solutions effective for today's operations but supportive of future flexibility 37% Lack of funding due to provider revenue loss during COVID-19 EXPECTED IMPACTS TO HEALTHCARE PROJECTS IN THE NEXT YEAR 0% 10% 20% 30% 40% 50% Construction delays Substantial redesigns to reduce cost/accommodate programmatic changes Cuts in funding Scope reductions Changes in programs/ service lines Project team changes Project cancellations 11% 10% 40% 37% 27% 26% 52% 44% Number of respondents who reported that projects in progress prior to COVID-19 moved forward as planned or were slightly adapted/delayed TOP 3 PROJECT GOALS RESPONENTS PREDICT FOR A POST-PANDEMIC WORLD 65% 35% Number of respondents who anticipate new healthcare project work will exceed pre-COVID-19 levels in the next three years CAUSE AND EFFECT The ongoing COVID-19 pandemic has influenced healthcare project work in numerous ways, but respondents to Healthcare Design's 2021 COVID-19 Industry Survey are optimistic about what's ahead DECEMBER 2021 09 Designing for future flexibility/ adaptability 33% Implementing infection control strategies/ technologies 32% Addressing resiliency/ identifying solutions to remain operational during a crisis HOW HEALTHCARE PROJECT WORK FARED BETWEEN MID-2020 AND MID-2021 0% 10% 20% 30% 40% Project work held steady, remaining at pre-COVID-19 levels. Project work dipped slightly, falling from pre-COVID-19 levels. Project work escalated, exceeding pre-COVID-19 levels. Project work fell considerably, dropping well below preCOVID-19 levels. 23% 22% 20% 35%