The area surrounding Methodist Hospital at Capitol Avenue and West 16th Street could be ripe for much-needed redevelopment following Indiana University Health’s announcement that it will spend $1 billion to expand the campus.
Hendricks Regional Health will construct a 100,000-square-foot emergency room and outpatient center on the north side of Brownsburg by early 2017, hoping to capitalize on an underserved part of the state’s second-fastest-growing county.
Shelbyville’s Major will break ground on an $89 million hospital next month. Meanwhile, hospital systems around the state are talking about consolidating facilities or turning unused bed space to new uses.
Eskenazi Health leadership's desire to connect the diversity of its hospital's population through a healing park drew in a landscape architect firm that is not only one of the top in the country, but also one of the hottest architecture firms in the world.
Carmel-based Mainstreet Property Group has built 13 nursing homes in Indiana and Illinois since 2008. Six of the dozen Indiana properties benefited from municipal-backed credit or tax breaks, and a seventh received a reduced-impact fee. Mainstreet also received $345,000 in state economic incentives.
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.
Indianapolis was highlighted in a new national study because its hospitals have been particularly aggressive at expanding their geographic reach—raising concerns among health insurers and even hospitals themselves that new medical facilities and market power can only lead to higher prices.