Whether so-called micro-hospitals can succeed financially might depend on whether they can meet Medicare’s definition of a hospital: a medical facility that dedicates the bulk of its services to inpatient care.
At the same time, the Indianapolis-based health system continues to sidestep questions about whether it is involved in a proposal to build a $1 billion hospital complex on a site just three miles from its 86th Street campus.
Franciscan Health said the complex at U.S. 135 and Stones Crossing Road will serve a rapidly growing part of Johnson County. It will be about 12 miles from its hospitals in Indianapolis and Mooresville.
In a move to create a stronger identity, Franciscan Alliance will become Franciscan Health, and will stop using the names of St. Francis, St. James, St. Anthony and other familiar saints at its hospitals, the company announced Tuesday.
Under the deal, Franciscan was financially accountable for what it would spend on care for about 60,000 patients who had Anthem benefits provided by its employers or purchased individually. Would it work?