IBJNews

IU Health to merge 2 downtown hospitals

Back to TopCommentsE-mailPrintBookmark and Share

Indiana University Health wants to merge two of its big downtown hospitals—University and Methodist—into one location, meaning either one or both would close or be converted to another use, IBJ is reporting in its June 23 edition.

How soon the two hospitals, which employ more than 5,000 people, would merge is uncertain. But already, IU Health is consolidating the emergency rooms of the two hospitals. On July 1, the University Hospital ER will close and send its patients to the Methodist ER.

A working team of more than 20 IU Health personnel held its first meeting Thursday to discuss consolidating the hospitals. That team aims to make recommendations in the fall.

For details on why IU Health is making such a drastic change and potential obstacles, IBJ subscribers can read the full story here.

ADVERTISEMENT

  • Competiion
    It's difficult to have "competition" when the two biggest sources of the money "Medicare" and "anthem" are immune from antitrust and are big enough to pay whatever they wish for services to entities that are smaller like hospitals and providers. It is complicated by the fact that insurers are non longer non profits and are beholden to shareholders. Patient coverage demographics then becomes the only significant factor of profit margins.
  • Shoving out the experienced
    It is another way to shove out the expereince nursing staffer. If Adminstration had not over spent over the past 2 decades building bigger and better there would be less of need to consolidate. Have the staff that knows how to care for your clients. I use city hospitals only if I am forced to. Update the buildings you have or let another system come in take over on building or the other. Our economy was built on competition.
    • Blame game
      Well Obamacare sure isn't stopping suburban hospital construction. These two downtown facilities are aging and have been below capacity for years.
    • Obamacare?
      While you bash Obamacare for being the source of all medical reform evil, let's remember something: "Indiana University Health President and CEO Dan Evans Jr. had the highest compensation of any Indianapolis-based health system CEO, earning more than $2.08 million in 2010. This figure is 17 percent higher than 2008. Not including Mr. Evans' retirement payments, his base salary jumped 19 percent from 2008, according to the report." - taken from Becker's Hospital Review --- so, yeah, it's all Obama's fault that healthcare is in the shape it currently is? How blind you all are.
    • Yup
      Margaret, when you make Medicare essentially into an HMO where there are financial rewards for avoiding inpatient use the projections suggest that Indy area will need to cut 2/3 of inpatient beds like what happened in California when it went HMO. Medicare patients are already considered "filler" since payments are around break even or worse. So, hospitals in bad non medicare patient demographic areas will go first- like downtown and the south side.
    • Comment to Evam
      I agree with you Evan, what next??
    • Layoff's are coming
      Well this doesn't bode well for the employees at these two hospitals. I'm sure they will be thinning the herds in the next year or so.
    • Job cuts
      Consolidation equals job cuts
    • Obamacare
      The negative affects of Obamacare just continue to pile up.

      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:
       
      thisissue1-092914.jpg 092914

      Subscribe to IBJ
      1. Cramer agrees...says don't buy it and sell it if you own it! Their "pay to play" cost is this issue. As long as they charge customers, they never will attain the critical mass needed to be a successful on company...Jim Cramer quote.

      2. My responses to some of the comments would include the following: 1. Our offer which included the forgiveness of debt (this is an immediate forgiveness and is not "spread over many years")represents debt that due to a reduction of interest rates in the economy arguably represents consideration together with the cash component of our offer that exceeds the $2.1 million apparently offered by another party. 2. The previous $2.1 million cash offer that was turned down by the CRC would have netted the CRC substantially less than $2.1 million. As a result even in hindsight the CRC was wise in turning down that offer. 3. With regard to "concerned Carmelite's" discussion of the previous financing Pedcor gave up $16.5 million in City debt in addition to the conveyance of the garage (appraised at $13 million)in exchange for the $22.5 million cash and debt obligations. The local media never discussed the $16.5 million in debt that we gave up which would show that we gave $29.5 million in value for the $23.5 million. 4.Pedcor would have been much happier if Brian was still operating his Deli and only made this offer as we believe that we can redevelop the building into something that will be better for the City and City Center where both Pedcor the citizens of Carmel have a large investment. Bruce Cordingley, President, Pedcor

      3. I've been looking for news on Corner Bakery, too, but there doesn't seem to be any info out there. I prefer them over Panera and Paradise so can't wait to see where they'll be!

      4. WGN actually is two channels: 1. WGN Chicago, seen only in Chicago (and parts of Canada) - this station is one of the flagship CW affiliates. 2. WGN America - a nationwide cable channel that doesn't carry any CW programming, and doesn't have local affiliates. (In addition, as WGN is owned by Tribune, just like WTTV, WTTK, and WXIN, I can't imagine they would do anything to help WISH.) In Indianapolis, CW programming is already seen on WTTV 4 and WTTK 29, and when CBS takes over those stations' main channels, the CW will move to a sub channel, such as 4.2 or 4.3 and 29.2 or 29.3. TBS is only a cable channel these days and does not affiliate with local stations. WISH could move the MyNetwork affiliation from WNDY 23 to WISH 8, but I am beginning to think they may prefer to put together their own lineup of syndicated programming instead. While much of it would be "reruns" from broadcast or cable, that's pretty much what the MyNetwork does these days anyway. So since WISH has the choice, they may want to customize their lineup by choosing programs that they feel will garner better ratings in this market.

      5. The Pedcor debt is from the CRC paying ~$23M for the Pedcor's parking garage at City Center that is apprased at $13M. Why did we pay over the top money for a private businesses parking? What did we get out of it? Pedcor got free parking for their apartment and business tenants. Pedcor now gets another building for free that taxpayers have ~$3M tied up in. This is NOT a win win for taxpayers. It is just a win for Pedcor who contributes heavily to the Friends of Jim Brainard. The campaign reports are on the Hamilton County website. http://www2.hamiltoncounty.in.gov/publicdocs/Campaign%20Finance%20Images/defaultfiles.asp?ARG1=Campaign Finance Images&ARG2=/Brainard, Jim

      ADVERTISEMENT