Structures
The structures component of the NHEA is defined as the value of new construction put in place by the medical sector. This measure of the medical sector includes establishments engaged in providing health care, but does not include retail establishments that sell non durable or durable medical goods. The construction measure includes new buildings; additions, alterations, and major replacements; mechanical and electric installations; and site preparation. Maintenance and repairs are excluded. Non-structural equipment such as X-ray machines and beds are included in Medical Capital Equipment. The value of new construction put in place includes the cost of materials and labor, contractor profit, the cost of architectural and engineering work, those overhead and administrative costs chargeable to the project on the owner's books, and interest and taxes paid during construction. The primary data source for these estimates is the Annual Capital Expenditure Survey, conducted by the Census Bureau (1992-2003). The 2004 structures estimates are extrapolated from the 2003 estimates by ordinary least-squares regression using the estimates for preceding 7 years (1997-2003).The estimates for preceding years (1960-1992) were prepared by extrapolating the 1993 values back by a time series developed using data published by the Census Bureau and the Bureau of Economic Analysis.
Medical Equipment
Medical capital equipment is comprised of the value of new capital equipment (including software) purchased or put in place by the medical sector during the year. The medical sector includes establishments engaged in providing health care, but does not include retail establishments that sell non durable or durable medical goods. The capital equipment purchased or put in place includes all capital equipment purchased by medical establishments and is not limited to specific medical equipment or devices.Return to Health Care Equipment Expenditures