IBJNews

Fort Wayne medical practice splits, following industry trend

Back to TopCommentsE-mailPrintBookmark and Share

A Fort Wayne medical practice is breaking up, with most of the physicians set to become employees of one of the city’s two hospital systems in September.

Hospitals are hiring physicians at an accelerating pace nationally. The same is true among the four major private hospital systems in Indianapolis.

The Fort Wayne practice, the 28-doctor Indiana Medical Associates LLC, includes specialists in internal, diabetes, lung, kidney and digestive medicine.

At this point, 11 of those physicians will join the Parkview Health hospital system and eight will join Lutheran Medical Group, a subsidiary of the Lutheran Hospital system, said CEO Lowell Teska. The remaining physicians are pursuing other options.

Also, all of the practice’s 102 staff members are likely to get jobs at one of the hospital systems, Teska said. However, as a legal precaution, Indiana Medical Associates filed a WARN Act notice with the State of Indiana on Tuesday, because the employees would technically lose their jobs before being hired by one of the hospitals.

It’s not clear yet how many employees will go to each hospital system, or perhaps to another employer, Teska said.

Indiana Medical Associates faces pressure similar to that experienced by many physicians in Indianapolis who have paired up with hospitals. For example, the St. Vincent Health system in Indianapolis recently acquired The Care Group, which includes 130 primary care and cardiology physicians.

Physician reimbursement has been squeezed substantially, as the federal Medicare program and private insurers have recently cut rates for many specialists  and put up barriers to physicians’ ability to make money using imaging and other diagnostic equipment.

“By doing these alignments, it’s just a better machine for ensuring that quality continues to be delivered at a high level while funding or reimbursements decline,” said Teska in an interview Friday morning.

In addition, the new health care law, signed by President Obama in March, authorizes the federal Medicare program to split any cost savings achieved by teams of doctors and hospitals, called accountable care organizations, which improve the quality of care.

“There are some benefits in physicians and hospitals coming together,” Teska said, adding, “Cost improvements will occur due to physicians and hospitals working together in an integrated fashion.”
 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. A Tilted Kilt at a water park themed hotel? Who planned that one? I guess the Dad's need something to do while the kids are on the water slides.

  2. Don't come down on the fair for offering drinks. This is a craft and certainly one that belongs in agriculture due to ingredients. And for those worrying about how much you can drink. I'm sure it's more to do with liability than anything else. They don't want people suing for being over served. If you want a buzz, do a little pre-drinking before you go.

  3. I don't drink but go into this "controlled area" so my friend can drink. They have their 3 drink limit and then I give my friend my 3 drink limit. How is the fair going to control this very likely situation????

  4. I feel the conditions of the alcohol sales are a bit heavy handed, but you need to realize this is the first year in quite some time that beer & wine will be sold at the fair. They're starting off slowly to get a gauge on how it will perform this year - I would assume if everything goes fine that they relax some of the limits in the next year or couple of years. That said, I think requiring the consumption of alcohol to only occur in the beer tent is a bit much. That is going to be an awkward situation for those with minors - "Honey, I'm getting a beer... Ok, sure go ahead... Alright see you in just a min- half an hour."

  5. This might be an effort on the part of the State Fair Board to manage the risk until they get a better feel for it. However, the blanket notion that alcohol should not be served at "family oriented" events is perhaps an oversimplification. and not too realistic. For 15 years, I was a volunteer at the Indianapolis Air Show, which was as family oriented an event as it gets. We sold beer donated by Monarch Beverage Company and served by licensed and trained employees of United Package Liquors who were unpaid volunteers. And where did that money go? To central Indiana children's charities, including Riley Hospital for Children! It's all about managing the risk.

ADVERTISEMENT