Just 20 months ago, Tandem Hospital Partners had set up a joint venture with St. Vincent to develop a series of tiny hospitals. Today, the results are far different from what either company probably imagined.
The state’s largest health system said earnings from operations climbed 4 percent, but investment losses pulled down total earnings by 70 percent.
A southern Indiana hospital that's struggled financially will close this spring after a decade of operation.
Major Health Partners is providing most of the money for the project—$15 million—and the city of Shelbyville and Shelby County each are committing nearly $1.6 million.
The developer that owns the land where Franciscan Health plans to build a $130 million orthopedic center in Carmel told city officials this week that taxes will be paid on the real estate in perpetuity, even if it sells the land to the health care system in the future.
For hospitals, maternity care builds relationships with young families that often last for decades. About 40 percent of women experience their first encounter with hospitals for reproductive services.
Indiana University Health and Community Health Network have joined the national trend of posting online reviews, in a quest to win prospective patients and boost transparency.
The private university has started conversations with the state for assuming control of the site that holds Larue D. Carter Memorial Hospital, which will close later this year.
Indianapolis hospitals are among those in the state imposing restrictions on visitors to try to curb the spread of flu.
State Sen. John Ruckelshaus said too many new hospitals, especially in small wealthy clusters, might be driving up the cost of health care. He said his bill was prompted by a recent effort by St. Vincent to rezone a 30-acre site in Carmel.
Starting Jan. 1, every U.S. hospital will be required to post standard charges online for every item and service they provide, from bandages and drugs to operating rooms and organ transplants.
The health system said the 15-year-old elevated train service needs major maintenance, but did not say whether the system would ever return to service.
It’s the foundation’s first capital campaign since 2010, when it raised $200 million. The money will be used for pediatric research, patient care, maternity and newborn health, and family support programs.
Riverview Health plans to build one of its new freestanding combined ER/urgent care facilities on Hazel Dell Road, south of 146th Street.
The standalone, two-story facility is expected to offer a wide array of inpatient and outpatient services, including addiction treatment, counseling and psychiatric intensive care.
The physicians’ group claims the Connersville health system misled it on patient volumes and has refused to adjust a subsidy to make up the difference.
Indiana hospitals are racking up millions of dollars in penalties for having too many patients return for care within a month of discharge.
The Indianapolis health system said it has not yet decided how to develop the site, but wants to keep its options open. It dropped plans four months ago to rezone the land after neighbors objected.
Indiana University Health isn’t shy about telling the world how it stacks up in U.S. News & World Report’s “Best Hospital” annual rankings.
More than 100 colleges and high schools have participated in the dance marathon program since 1991, raising $50 million for Riley Hospital for Children.
