St. Francis

Franciscan cuts its way to higher profits

August 25, 2014
J.K. Wall
Franciscan Alliance, which operates three hospitals in the Indianapolis area, is seeing fewer patients this year but is making more money due to expense cuts.
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Hospitals' occupancy declining over long termRestricted Content

July 19, 2014
J.K. Wall
Advances in non-invasive surgeries, changes in health care financing and now increasingly price-sensitive patients accelerate what has been a 40-year decline in the number of patients spending the night in hospitals.
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Hospitals might limit executives' pay hikes after run of big increases

May 3, 2014
J.K. Wall
Before local hospitals slashed staff and expenses last year, they had been boosting the pay packages of their top executives faster than hospitals around the country. Seven of every 10 senior executives at the major hospital systems in Indianapolis saw their total compensation rise more than 10 percent from 2010 to 2012.
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Anthem, Franciscan sign accountable care contract

March 15, 2014
J.K. Wall
Anthem Blue Cross and Blue Shield has signed a new kind of contract with the Franciscan Alliance hospital system that allows Franciscan to make more money only if it saves money for Anthem.
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Suburban Indy hospitals see health care reform as ally

November 23, 2013
J.K. Wall
For years, the county-owned hospitals ringing Indianapolis have watched warily as the city’s four major hospital systems used their superior size and resources to push ever outward into the suburbs.
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Franciscan hospitals to eliminate 925 full-time positions

October 23, 2013
J.K. Wall
The Indiana-based system that operates three hospitals in the Indianapolis area said it is trying to cut its expenses by as much as $500 million, or 20 percent.
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Anthem prez: Expect 'crickets chirping' on Oct. 1

September 30, 2013
J.K. Wall
Anthem Blue Cross and Blue Shield President Rob Hillman expects a slow start to the Obamacare exchanges, with fewer than one-third of uninsured people buying coverage there.
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Anthem to omit some big hospitals from exchange networkRestricted Content

September 14, 2013
J.K. Wall
Most of Indianapolis’ major hospitals and physician practices will not be available through Anthem’s exchange plan, but instead will be working with a health plan run by Indianapolis-based MDwise Inc.
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Franciscan doubles down on accountable care

July 22, 2013
J.K. Wall
Franciscan St. Francis Health earned a $6.6 million bonus from the Medicare program for its success at keeping central Indiana patients out of the hospital and the emergency room. So the hospital system will expand its participation in so-called accountable care programs to all its Indiana territories.
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Indianapolis hospitals hit with tough bargaining environment

June 1, 2013
J.K. Wall
Aggressive construction wiped out historical territories, thus opening the door to insurers playing hospitals off each other.
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COLWELL: Indianapolis strategizes for health care reformRestricted Content

April 6, 2013
AnnJeanette Colwell
The recent flurry of big announcements portends well.
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Sequester could sap $200M from Indiana health care providers

March 1, 2013
J.K. Wall
The sequestration plan kicking in Friday will chop Medicare payments to hospitals, doctors and nursing homes by 2 percent, beginning April 1. One study estimates that the cuts could result in 10,000-plus job losses in Indiana alone.
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Indianapolis tech firms, hospitals discover mutual needRestricted Content

October 20, 2012
Chris O'Malley
An initiative is matching tech entrepreneurs with hospital officials in the hope of solving health care problems.
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Suburban hospitals charm patients

July 23, 2012
J.K. Wall
A little extra Medicare money will flow to suburban hospitals in the Indianapolis area, based on recent patient satisfaction scores. But hospitals in the core of Indianapolis—and hospitals that do significant amounts of teaching medical students—may take a hit.
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Insurance company key to Franciscan-American Health partnershipRestricted Content

July 21, 2012
J.K. Wall
Hospital system's health insurance unit has IT infrastructure that will allow physicians to participate in Medicare's shared savings program.
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Local providers join Medicare ACO program

July 9, 2012
J.K. Wall
Indiana University Health, as well as a partnership of Franciscan Alliance and American Health Network, have formed accountable care organizations that won the blessing of the federal Medicare Shared Savings program.
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Physician buyouts bruising hospitalsRestricted Content

May 26, 2012
J.K. Wall
As St. Vincent Health has nearly doubled the number of physicians it employs over the past two years, the losses on those practices have mounted. And the same thing is happening at all the major Indianapolis hospital systems, as all have spent the past four years aggressively acquiring physician practices.
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OBEIME: Poor, uninsured won't monopolize resourcesRestricted Content

May 12, 2012
Myth prevents policymakers from attacking real problem of distributing funding.
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Loss of St. Francis puts Beech Grove at crossroadsRestricted Content

April 14, 2012
Cory Schouten
There is a mix of sadness, grief and anger in Beech Grove, as Franciscan Alliance moves the last of its inpatient and emergency operations from its nearly 100-year-old Beech Grove hospital to the new Franciscan St. Francis facility at Stop 11 Road and Emerson Avenue.
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Patient referrals can be lucrative for hospitalsRestricted Content

March 17, 2012
Scott Olson
Physician liaisons are becoming key in recruiting efforts.
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Franciscan pulls back Greenwood plans

March 5, 2012
J.K. Wall
Franciscan St. Francis Health said its plans to build an emergency room and physician office building in Greenwood are on hold due to uncertainty over the effects of health care reform.
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Franciscan to mark Beech Grove closure

February 27, 2012
J.K. Wall
Franciscan St. Francis Health announced five years ago that it would consolidate its Beech Grove operations into an expanded hospital seven miles south, near Interstate 65 and Emerson Avenue. The last inpatient department to close at Beech Grove will be its emergency room, on March 16.
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Franciscan among Medicare's first accountable care groups

December 19, 2011
J.K. Wall
Franciscan Alliance’s Indianapolis-area hospitals, along with more than 700 physicians, have been named one of the nation’s first 32 accountable care organizations.
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IU Health fights Franciscan over family doc

August 15, 2011
J.K. Wall
IU Health Morgan Hospital sued Dr. Dianna Boyer on Aug. 3 to stop her from moving her practice to a facility Franciscan St. Francis Health is building in Martinsville.
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Groups call for probe of St. Francis hospital over charity care

June 22, 2011
J.K. Wall
Citizens Action Coalition Education Fund and Indiana Legal Services Inc. claim that “a good number” of Indianapolis south-side residents who should have qualified for reduced or waived bills at St. Francis were instead steered into payments plans.
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