The state’s largest health system said earnings from operations climbed 4 percent, but investment losses pulled down total earnings by 70 percent.
When the $175 million hospital opens in stages over the next two weeks, patients and visitors will see a major upgrade in facilities.
Franciscan Health is the undisputed king of south-side health care providers, but its executives see a huge opportunity to expand services even farther south into fast-growing Johnson County.
But Jonathan Nalli said the health system has no plans to build a $1 billion hospital complex.
More than 100 people gathered Tuesday to plan how to oppose the project, which calls for nine buildings, two helipads and four parking garages.
It will be smaller and sleeker and—if all goes according to plan—might actually make money, rather than ending each year in the red or barely breaking even.
Riley is spending millions of dollars and beefing up its emergency staff to expand into traditional emergency services.
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.
The site of the former Wishard Memorial Hospital could become home to a new combined downtown hospital for Indiana University Health.
Here’s just a sampling of the work found in its halls, lobbies and waiting rooms, making a visit worthwhile even if you are in perfect health.
Nearly two-thirds of the state’s nursing homes are now participating in partnerships with county-owned hospitals that effectively double their profit margins.
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.
At 1.3 million square feet, the new hospital has plenty of room to display art, most of which was purchased with contributions from donors. The hospital is set to open Dec. 7.
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.