iu primary care :: Article CreatorIU Health Announces New Fort Wayne Hospital
From Staff Reports
FORT WAYNE — Indiana University Health announced that it is investing $421 million in a new Fort Wayne hospital six years after opening its IU Health Primary Care Fort Wayne — South location.
The investment means 500 jobs and was approved by the IU Health board of directors last month to expand access to affordable, high-quality health care in the region.
"We've heard the community's call for more options in affordable healthcare, and as the state's largest and only academic health system, we are committed to answering that need in support of our vision to make Indiana one of the healthiest states in the country," said Dennis Murphy, president & CEO, IU Health. "We believe we can help create a healthier future and reduce the economic burden for businesses and families alike."
Since 2018, IU Health has added eight locations and more than 60 providers, offering primary care, urgent care, orthopedics, imaging, cardiology, pediatrics, and general surgery services. In that time, IU Health has served more than 30,000 patients.
The new hospital will feature:
• 140 beds to accommodate a growing patient population
• 17 emergency department exam rooms to provide immediate and critical care
• 6 operating rooms equipped with the latest surgical technologies
• 3 catheterization labs for advanced cardiac procedures
• 3-4 endoscopy rooms for diagnostic and therapeutic procedures
In addition to the hospital, a medical office building will connect to the facility, enhancing the integrated care experience for patients and providers.
The five-level hospital will employ:
• 500 team members dedicated to delivering exceptional patient care
• 60 additional providers to meet the diverse healthcare needs of the Fort Wayne community
IU Health anticipates welcoming its first patient in Q2 2027.
"This new hospital will be a cornerstone of our commitment to providing accessible, high-quality healthcare to all Hoosiers," said Brian Bauer, president, IU Health Northeast Region. "With a leading-edge facility and a dedicated team, we are poised to make a significant impact on the health and well-being of the Fort Wayne and surrounding communities."
IU Health To Build $421M Indiana Hospital
Indianapolis-based Indiana University Health has shared plans to construct a $421 million hospital in Fort Wayne, Ind.
The five-level hospital will comprise 140 beds, 17 emergency department exam rooms, six operating rooms, three catheterization labs, and three to four endoscopy rooms. A medical office building will also be connected to the facility, according to a July 15 news release shared with Becker's.
Five-hundred people will be employed at the hospital with 60 additional providers.
The hospital plans come six years after the health system opened its IU Health Primary Care Fort Wayne - South location.
"We've heard the community's call for more options in affordable healthcare, and as the state's largest and only academic health system, we are committed to answering that need in support of our vision to make Indiana one of the healthiest states in the country," Dennis Murphy, president and CEO, IU Health, said in the release.
IU Health expects to open the hospital in the first quarter of 2027, the release said.
IU Health Operating Income Falls 73% In First Six Months Of 2024
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0.25 0.50 0.75 1.00 1.25 1.50 1.75 2.00 Indiana University Health, one of the state's largest and busiest hospital systems, saw patient volumes and revenue grow in the first six months of the year, but said operating income fell 73% as the costs of labor, supplies and drugs increased to meet higher demand for surgeries and patient care.
The Indianapolis-based hospital system on Thursday reported operating income of $53.1 million, with an operating margin of 1.2% for the first half of the year, compared with $195.7 million and an operating margin of 4.6% a year ago.
Consolidated revenue increased 5.1%, to $4.5 billion, due in large part to increased patient volumes. Consolidated expenses increased 8.8%, to $4.4 billion.
However, operating income from core operations was comparable year over year, IU Health said.
Core operating expenses, excluding strategic projects, increased 7.5%, or $302.7 million.
"Costs have surged at a faster pace than our revenue growth as labor and supply and drug costs continue to increase, and we focus on strategic capital investments that support our future vision," Jenni Alvey, senior vice president and chief financial officer, said in written remarks. "We remain confident that our continued focus on operational efficiencies and growth will aid us in achieving IU Health's vision of making Indiana one of the healthiest states in the nation by ensuring healthcare is of the highest quality, affordable and accessible."
Patient visits were up across the board, including admissions (3.8%), inpatient days (4.3%), total surgery cases (14%) and emergency room visits (3.8%).
IU Health operates 16 hospitals and hundreds of primary care, specialty care offices and urgent care centers. It is one of the state's largest employers, with more than 35,000 full-time equivalent employees.
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