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Lilly gives $1M toward Marian medical school

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Eli Lilly and Co. Foundation is chipping in $1 million to help Marian University build a new home for its existing nursing school and its new medical school.

The $50 million building, called the Center for Health Sciences and the Healing Arts, is slated to open in mid-2013. It was designed by Indianapolis architectural firms Schmidt Associates and BSA LifeStructures. Construction is set to begin this summer.

Marian plans to use the structure to launch its college of osteopathic medicine, which would be only the second medical school in Indiana, after the Indiana University School of Medicine.

Marian’s medical school aims to enroll 150 students each year and train them in osteopathic medicine. Doctors of osteopathy receive the same training as doctors of medicine, but they go through extra training on the muscular and skeletal systems and use their hands to move muscles and joints to diagnose, treat or even prevent illness and injury.

Marian needs to raise $120 million to pay for the entire medical and nursing school project. So far, it has raised $81 million.

The gift from the Indianapolis-based drugmaker's corporate foundation adds to $48 million in anonymous contributions; $5 million each from Indianapolis-based hospital systems Community Health Network and St. Vincent Health; $1 million from Hill-Rom Holdings Inc., the Batesville-based maker of hospital equipment; and $300,000 from the Suburban Health Organization of hospitals.

In March, Marian’s board of directors decided to push back the opening of the medical school by one year. The main delay came in December, when the accrediting commission of the American Osteopathic Association requested that Marian put the money it has raised to fund the school in a different kind of escrow fund.

That delayed the accreditation process until the commission's next meeting, which is this month. Marian must obtain at least provisional accreditation before it can begin recruiting students.

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  2. What became of this project? Anyone know?

  3. Scott, could you post an enlarged photo of the exterior of the building? This will be a great addition to Walnut Street. This area will only continue to develop with additions like this. Also, please give us more updates on the "Cultural Trail light" expansion. Also a great move for the city, as long as there is maintenance money set aside.

  4. Great story IBJ! Citizens don't have a real sense of the financial magnitude of supporting Indy's sports and tourism sector. The CIB was a brilliant idea for creating a highly integrated public-private partnership to support this sector from the economic activity it generates. Unfortunately, most folks think the benefits of that economic activity accrue directly to the City budget, and it doesn't. So though the CIB is facing lean times (covering its costs while maintaining minimally acceptable reserves), the City is operating with deficit - less tax revenue than expenses each year - with a very fragile reserve balance. That's why it's so challenging for the City to fund basic needs or new intitatives (e.g. pre-k education; new jail), and some credit rating agencies have downgraded Indy from it's past stellar AAA status. More reporting on City finances would be welcomed.

  5. Sure, I'll admit that it bugs me to see that the IBJ.COM censors it's blog posts almost as much as the D of I does when someone points out the falsehoods and fabrications. _____But I think it bothers me almost as much that Captain/Defender/Disciple get his yanked too. You see, those of us with a sense of integrity, humanity, compassion, and a need for fact based opinion WANT to see all of his screeds posted. It makes our point so much better than we can do it ourselves.

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