The hospital has spent $90,000 to prevent growth restrictions on the hospital and continues its efforts to pass repeal legislation. OrthoIndy was able to open a new outpatient facility this spring despite the restrictions.
In order to expand IOH, the hospital must qualify for an exemption, such as becoming a publicly traded company or qualifying as an academic center through operating resident training programs. These options would take a great deal of time and finances, so IOH Chairman John Dietz, MD, said a decision will be made within a few years.
The last resort would be selling the hospital.
Read the report on Indiana Orthopaedic Hospital.
Related Articles on OrthoIndy:
OrthoIndy and St. Vincent Health: 5 Opportunities From Orthopedic Surgeon-Hospital Alignment
Six OrthoIndy Physicians Now See Patients at St. Vincent Indiana
OrthoIndy, Indiana Orthopaedic Hospital Open New Location
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
