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Impressive statistics. I’m sure the interior design of the hospital will be pleasing but the exterior design leaves much to be desired. The large concrete slabs on all sides take away from the beauty of the glass. An all glass exterior would have been much more impressive but I assume this was a cost issue.
I think that’s not concrete. I think they went with the traditional IU campus limestone.
I think highest and best use of Methodist is to raze it.
Agree. Maybe some historic parts can be kept and reused, but most of the campus is prime real estate for housing, jobs, and ancillary hospital services
I know they have to pay for equipment, a new parking structure, power plant and other infrastructure, but $4.7 billion divided by 860 patient beds is $5,465,116 per room. Yeah, I know there are also patient examination and operating rooms, et cetera, but still I’m scratching my head on this one. Can someone please help me understand why it cost so much? If total cost of capital were 7.7% that’s more than $1mm a day, just to cover capital cost – forget about staff, medicine, supplies, utilities and all the other overheads. Why does it have to be so expensive? And currently there are a combined 1317 beds between IU Methodist and University Hospital (per American Hospital Directory – see the link below). I understand University is to be closed and merged into this new one, implying a loss of 457 which I cannot understand when population is rising and getting older. So we are spending all this to end up with less capacity?