2012 Health Care Giants: Breakdown
Wing Leung -- Interior Design, 12/6/2012 2:48:49 PM
Hospital projects garnered the largest fees in 2012, bringing in a total of $226.54 million, while assisted-living facilities brought in the least at $2.04 million. Breaking down hospital projects even further, community hospitals account for 48 percent, academic hospitals account for 27 percent, specialty hospitals 14 percent, and 11 percent were counted as other.
The annual business survey of the Interior Design health-care Giants ranks the largest design firms by health-care design fees for the 12-month period from July 2011 to June 2012. Health-care design fees include those attributed to:
1. All health-care interiors work.
2. All aspects of a firm's health-care design practice, from strategic planning and programming to design and project management.
3. Fees paid to a firm for work performed by employees and independent contractors who are "full-time staff equivalent."
Health-care design fees do not include revenues paid to a firm and remitted to subcontractors that are not considered full-time staff equivalent. For example, certain firms attract work that is subcontracted to a local firm. The originating firm may collect all the fees and retain a management or generation fee, paying the remainder to the performing firm. The amounts paid to the latter are not included in fees of the collecting firm when determining its ranking. The data was compiled and analyzed by the Interior Design market research staff in New York, led by Wing Leung, research director.
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