As a result of reduced spending on renovation and new construction, hospital facilities in the U.S. continue to age. From 2005 to 2008, the average age of a hospital plant was about 9.5 years and then increased dramatically to about 10.5 years from 2009 through 2011. Now, with new data that looks at 2009 through 2013, the average age of a hospital plant has increased further to more than 11 years (11.43) which indicates that investment in hospital facilities continues to be insufficient.
Source: Truven ActionOI® database (www.truvenhealth.com).