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St. Francis acquires orthopedic surgery practice

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In the latest example of doctors and hospitals merging, St. Francis Hospital & Health Centers has acquired a six-doctor orthopedic surgery practice that operates in St. Francis’ Mooresville hospital.

Joint Replacement Surgeons of Indiana fully integrated with St. Francis on Monday, the hospital system announced. The physician group will now be called St. Francis Medical Group-Joint Replacement Surgeons.

The doctors will continue to work out of their offices on the St. Francis-Mooresville campus and on the St. Vincent Indianapolis Hospital campus on West 86th Street.
 
“This integration is a natural extension of our long relationship with St. Francis as partners in the Center for Hip & Knee Surgery at St. Francis Hospital–Mooresville,” said Dr. John B. Meding, one of the doctors at Joint Replacement Surgeons, in a prepared statement.
 
The Center for Hip & Knee Surgery was founded in 1986 by Dr. Merrill A. Ritter at what was then Kendrick Memorial Hospital in Mooresville. St. Francis acquired the Kendrick hospital in 2000. The center performs nearly 2,000 joint replacements each year.

St. Francis, whose parent organization is based in Mishawaka in northern Indiana, operates three hospitals in the Indianapolis area. Last summer, it acquired a 23-doctor cardiology practice that performed most of its procedures at St. Francis Indianapolis campus.

St. Vincent Health has agreed in principle to acquire The Care Group, the largest cardiology practice based in Indianapolis. St. Vincent also agreed late last year to a deal with OrthoIndy, the city’s largest orthopedic surgery practice, to hold a minority stake in OrthoIndy’s hospital at Interstate 465 and West 86th Street.

Other hospital systems have been actively trying to bring physicians closer into their folds.

Community Health Network has either hired or signed integration contracts with more than 250 physicians in a variety of specialties. Those deals have shifted physician reimbursement from being based entirely on volume of procedures to new factors, such as how well physicians communicate with other doctors and how satisfied patients are with their care.

Clarian Health Network has launched two initiatives to bring on more physicians. It launched a joint venture with the Indiana University School of Medicine, the Indiana Clinic, which hopes to employ more than 1,500 physicians by 2011.

Clarian also started a program called Clarian Quality Partners, which aims to sign up physicians to new contracts that base compensation on quality of care and communication with other doctors, in addition to activity levels.

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  1. So the Mayor adds another non value added layer to having a vehicle towed? Whereby the City Government RECIEVES AN ILLEGAL KICKBACK FROM A LGOISTICS COMPANY THAT SUBS THE WORK TO LOCAL TOW COMPANIES? What is the service the City performs for receiving the "tribute"? This is RICO!!!!! What a corrupt and unnecessary layer. What a dirtbag Mayor and his cronies.

  2. Owner occupied housing. Clear enough?

  3. So people think I am paranoid. It's from experience in dealing with puds requested by developers who make major donations themselves to representatives, have nice fund raisers for those running for office and hide through pac's. then there are the public relation firms. You will note some pr comments below. You there Clyde Lee? My opinion. Commercial along 421, great. Multifamily housing, terrible idea that will change the town. Senior condos or zero lot line homes west, great. I suggest keeping all entries to commercial areas at 421. All entries to owner occupied on sycamore. Will keep the traffic on sycamore down some. Two other things. You can't trust what will be there in 10 years. Steve builds quality stuff, but areas change over time. Look at the changes at the wall mart center at 86th and 421 over the last 10 years. Look at the apartments and neighborhoods behind St Vincent's. Raintree properties WILL decrease in value if commercial and multifamily goes in near. It has already been happening around the bridges area. The houses that have been sold recently are way below market. Several deals not closed due to the Illinois construction and the whole unsurety of the bridges. It's pretty simple, Zionsville will approve the whole thing because the city council has been groomed over a LONG period of time for this. I might even suggest some are in their position as a result of this.

  4. Esta, do you have a dog in this fight? You seem to really want to knock anyone against this project. No, I didn't move to Indiana for the architecture. I moved here for that red barn in the field. The horses and fields of corn. A place that is NOT overdeveloped. There are plenty of nearby places in Indianapolis that could be REDEVELOPED instead.

  5. RKW - OK, we get it, you're paranoid. The question is, are you paranoid enough? Greg - Yes, Pittman(s) is (are) at it again. They are developers, they build things. It's what they do. So when you go to work tomorrow, Greg, you're at it again too. Cliff - Really? You moved to Indiana for its progressive architecture? That's like moving to England for the cuisine. Zionsvillain - The house you moved to was once a field or woods. I'm willing to bet folks were upset when that ground was plowed under and a house was built. But I guess now that you are in, everything should stop? "My house was OK, but the next one is sprawl." SE Guy - Please don't paint us with such a wide brush. Most reasonable Zionsville residents welcome planned, measured development.

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