September 18, 2014 1:54 PM ET

Healthcare Providers and Services

Company Overview of Indiana University Health

Company Overview

Indiana University Health operates hospitals in Indiana. It offers services in the areas of allergy and asthma, anesthesiology, arthritis and rheumatology, bariatric and medical weight loss, behavioral health, cancer, critical care, dermatology, diabetes and endocrinology, emergency medicine, gastroenterology, geriatrics, heart and vascular care, home care, hospice care, hospitalist care, immediate care, infectious diseases, nephrology and kidney diseases, neurology and neurosurgery, occupational health, ophthalmology, orthopedics and sports medicine, pain management, pathology and laboratory services, pediatrics, physical therapy and rehabilitation, primary care, clinical trials, pulmonolog...

340 West 10th Street

Indianapolis, IN 46206

United States

Founded in 1997

Phone:

317-962-2000

Fax:

317-962-4533

Key Executives for Indiana University Health

Chief Executive Officer
Age: 64
Chief Financial Officer and Executive Vice President
Chief Operating Officer and Executive Vice President
Interim Executive Vice President
Executive Vice President and Chief Nurse Executive
Compensation as of Fiscal Year 2014.

Indiana University Health Key Developments

Indiana University Health to Cut 900 Jobs

Indiana University Health announced that will cut more than 900 jobs in a reorganization brought on by changes in health care. The cuts go into effect December 1 and IU Health expected to begin notify employees. Some employees will be offered early retirement at age 62. The cuts will impact IU Health workers at Methodist, University, Riley, North, Saxony, Tipton and Ball Memorial hospitals.

Indiana University Health Plans Cutting 800 Jobs at Hospitals

Indiana University Health announced that it will cut about 800 jobs as part of a move to reduce costs and adapt to changing trends in health care. The cutbacks will go into effect by Dec. 1 at seven hospitals, including those in the Indianapolis area. The company is trying to save $1 billion over five years. The cuts, along with a related realignment in how IU Heath delivers services, reflect declining reimbursement rates and decreases in hospital admissions as patients increasingly seek alternative care. The 19-hospital system will offer some employees early retirement. Those employees must make their decision by Sept. 22. The changes did not mean the health care industry was in decline, but just that it was changing.

U.S. HealthWorks Enters into Strategic Partnership with Indiana University Health

U.S. HealthWorks announced that it will enter into a strategic partnership with Indiana University Health in which the two organizations will collaborate in providing occupational health services to Indiana employers. As part of the agreement, U.S. HealthWorks will have a clinical collaboration with IU Health, as well as, acquire the assets of eight free standing IU Health clinics in the Indianapolis area-- five in Indianapolis and one each in Muncie, Fishers and Lebanon. These clinics provide a full range of services to promote employee wellness and treat on-the-job injuries. The agreement is expected to be completed by June 30. Other terms were not disclosed. Once the transaction is finalized, U.S. HealthWorks will have 13 centers and worksites in Indiana and 199 nationwide in 17 states.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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