Methodist Hospital

Wishard site could hold new hospital for IU Health

August 2, 2014
J.K. Wall
The site of the former Wishard Memorial Hospital could become home to a new combined downtown hospital for Indiana University Health.
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IU Health consolidation would cut 3 downtown hospitals to 2

June 20, 2014
J.K. Wall
Indiana University Health wants to consolidate its University and Methodist hospitals into one downtown location, a plan that would see one or both facilities close or be converted to another use.
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IU Health to merge 2 downtown hospitals

June 20, 2014
J.K. Wall
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.
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Reorganization leaves Methodist Hospital prez without job

January 23, 2014
J.K. Wall
Jim Terwilliger had led IU Health's two flagship hospitals since July 2012, when longtime executive Sam Odle retired. The CEO of Riley Hospital for Children will replace him temporarily.
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IU Health now says 935 jobs affected by reductions

October 2, 2013
Associated Press
Indiana University Health now says it will cut more than 900 jobs in a reorganization. That's at least 100 more than announced nearly three weeks ago.
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Study: Inpatient declines to hit all hospitals

March 11, 2013
J.K. Wall
One explanation for Indiana University Health’s decision to delay its Methodist Hospital expansion is that new “value-based” payment models appear to be pushing down hospitalization rates, according to a study released Friday.
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IU Health puts Methodist expansion plans on hold

March 11, 2013
J.K. Wall
Citing concerns about the economy and federal health reform, Indiana University Health has pressed pause on its plans to build a bed tower at Methodist Hospital that could have cost it as much as $500 million.
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Hospital systems forcing doctors to choose sidesRestricted Content

March 2, 2013
J.K. Wall
The five-year trend of physician practices marrying up with hospitals has made it harder and harder for independent physician practices to spend time in more than one hospital system.
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Veteran hospital exec Odle to retire from IU Health

June 15, 2012
J.K. Wall
Sam Odle, one of Indianapolis' most prominent black business leaders, will be replaced on an interim basis by Jim Terwilliger while the hospital system conducts a national search for his successor.
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Hospitals push preemptive care with special programsRestricted Content

March 17, 2012
J.K. Wall
Hospitals around Indianapolis and the nation are expanding programs to help people before they become patients. They are trying to teach cooking as well as treat cancer, to do social work as well as do surgery.
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IU Health is national player in multi-organ transplantsRestricted Content

November 26, 2011
Scott Olson
Unusual surgeries bring certain amount of prestige, but not a lot of profit.
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Evans dreams big as Clarian becomes IU Health

January 19, 2011
J.K. Wall
Clarian Health, which is set to change its name to Indiana University Health on Jan. 24, is relying on the academic expertise of its downtown Indianapolis hospitals to pull in patients from a wider swath of the state and the nation.
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City pitching in $38M for $192M Clarian project

October 14, 2010
Cory Schouten
The city is kicking in up to $38 million for infrastructure upgrades to support a massive expansion of the Clarian Health campus at 16th Street and Capitol Avenue.
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Clarian expanding neurosurgery unit, aiming for national draw

September 11, 2010
J.K. Wall
Methodist Hospital is spending $27 million to renovate its neurosurgery suites as the centerpiece of a big expansion its owner, Clarian Health, hopes will create nearly 1,200 jobs over the next decade and vault Methodist into the top 10 neurosurgery sites in the nation.
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Wishard Hospital project is life blood to contractors

May 8, 2010
Scott Olson
Replacing the existing Wishard Memorial Hospital is so critical to the well-being of the sickly construction sector that one industry official likens the project to a "lifeline."
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Marketing experts: Clarian will get boost from IU name

May 5, 2010
J.K. Wall
The Indianapolis-based hospital system, which has 16 hospitals as far afield as LaPorte, Hartford City and Paoli, can now associate with all its facilities the name of the school that trains the majority of doctors and nurses throughout the state.
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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