Hospitals seek mergers to save costs
Marion County hospital systems anticipate more mergers, possibly with each other.
Hospitals
Articles
Winona lacks evidence to prove fraudulent money transfer
The trustee for Winona Memorial Hospital lost in court against the hospital’s former owner earlier this month — but
not without
receiving a bit of vindication from the judge in the case.
Hospitals suffer from spiking bond interest rates, investment losses
Indianapolis-area hospitals have suffered a double whammy of spiking interest rates on their bonds and heavy losses in their
investment portfolios and are trying to save cash any way they can.
WellPoint, St. Francis battle over insurer’s IT problems
A year of computer snafus boiled over Oct. 13 when the St. Francis system declared WellPoint Inc. in breach of its contract
because of habitually late payments.
Community Health CEO Corley preparing for ‘something different’
This month, 65-year-old Bill Corley gave his 18 months’ notice that he will be retiring as CEO of Community Health Network,
the third-largest hospital network based in Indianapolis. Perhaps Community’s board of directors needed so much time to replace
a man who has held his post so long-nearly 25 years. When Corley arrived in 1984, Community consisted of just one hospital
on Indianapolis’ east side. Today, it has five.
Clarian blazes trail with transplants, but some question its zeal
Clarian Health this decade has transformed its transplant program into one of the busiest in the country. Its team of surgeons
takes calls around the clock if a viable organ becomes available. They will hop on a charter plane to check out an organ other
doctors don’t want.
Hospitals are mixed bag for rural economies
Around Indiana, hospitals continue to grow and add workers, increasing their role as an economic driver to the state’s economy.
But health care reformers say hospital growth has a double edge, as higher health care costs dampen growth prospects for other
Indiana employers and their workers.
Clarian buys piece of Indiana Heart Hospital
Clarian Health has acquired a controlling stake in a cardiology practice based at the Indiana Heart Hospital, which is owned
by Clarian competitor Community Health Network.
Winona trustee still fighting hospital creditors, ex-owner
Paul Gresk, the bankruptcy trustee overseeing the liquidation of Winona Memorial Hospital, is pushing for a showdown in court
to prove his claims that Winona’s former owner, Leland Medical Centers Inc., illegally transferred more than $4 million out
of Winona.
Clarian hospitals in Avon, Carmel turn corner after big losses
Clarian Health officials say the only way they can keep operating their medical centers downtown is to support them with profitable
suburban hospitals. So far, it seems Clarian is on the right track. As Clarian moves forward with a new, $180 million hospital
in Fishers, its two existing suburban hospitals are starting to make money.
Health hot spot rises in Brownsburg
Plans abound to bring new health care facilities to Brownsburg, one of Hendricks County’s fast-growing towns. Some familiar
local names, such as OrthoIndy, St. Vincent Health and Clarian Health Partners, all have claims to land in the Brownsburg
area.
Hancock Regional Hospital retools expansion plans
Aggressive expansion plans by Indianapolis’ three biggest hospital systems have pushed Greenfield-based Hancock Regional Hospital
to change up its plans to build an outpost of physician offices in northwest Hancock County, near the borders of Marion and
Hamilton counties. But Hancock Regional isn’t backing down.
Hospital charity cases growing as ranks of uninsured swell
In the last three years, Indianapolis hospitals have seen a substantial run-up in the amount of charity care they give to patients who can’t pay. The cost of care is rising, more people are uninsured, and government officials are scrutinizing not-for-profit hospitals to make sure they give enough charity care to merit their tax-exempt status.
St. Francis CEO says Beech Grove move inevitable
Robert J. Brody, president and CEO of St. Francis Hospital & Health Centers, announced March 8 that St. Francis would shutter
its inpatient hospital in Beech Grove and expand its south-side hospital by 2010. In an interview with IBJ, Brody laid out
the ills that beset hospitals across the country.