—University of Chicago Medicine named its new $700 million pavilion the Center for Care and Discovery in a nod to creating a patient- and research-focused facility. The hospital system is in talks with several potential donors whose name or names would be added to the building's moniker, University of Chicago Medical Center President Sharon O'Keefe said. “It's truly an exciting opportunity for … a supporter who really feels they want to bring together world-class medical research and innovative patient care,” O'Keefe said, declining to provide more specifics on the potential donors. She adds that U of C Medicine is making “continued strong progress” on fundraising for the new pavilion. As of July, U of C Medicine had raised $22 million toward a goal of $100 million for the estimated $700 million project. An updated fundraising figure was not immediately available. The 1.2 million-square-foot hospital pavilion is slated to open in February near the Gordon Center for Integrative Science and the Knapp Center for Biomedical Discovery, both of which are research facilities. The building, housing facilities for neuroscience research and treatment of cancer and gastrointestinal diseases, among other complex medical and surgical needs, will boast 28 operating rooms and 240 private patient rooms.
—Crain's Chicago Business
INDIANAPOLIS—Community Health Network and St. Vincent Health, both of Indianapolis, announced they will form a joint venture with six central Indiana community hospitals creating an “accountable care consortium” that won't have ties to any federal government initiatives. The yet-be-named group will bring together more than 30 facilities, including six of the 10 that make up Indiana's Suburban Health Organization, a physician and hospital network. Those hospitals are 94-bed Hancock Regional Hospital, Greenfield; 120-bed Hendricks Regional Health, Danville; 87-bed Henry County Hospital, New Castle; 101-bed Johnson Memorial Hospital, Franklin; 156-bed Riverview Hospital, Noblesville; and 52-bed Witham Health Services, Lebanon. The group will appoint its own board and CEO, and the hospitals will maintain an equal ownership in the new organization with a focus on collaboration and using existing information technology infrastructure to share clinical data, according to a news release. “Healthcare reform has required healthcare systems to think differently than in the past,” Vincent Caponi, CEO of St. Vincent Health and Ascension Health ministry market leader for Indiana and Wisconsin, said in the release. “Through our ACC partnership, we share a vision of redesigning the healthcare model, and have similar approaches to the delivery of care.”
BINGHAM FARMS, Mich.—United Physicians reached an agreement for Beaumont Physician Organization to join the Bingham Farms-based health management company. United Physicians, which counts more than 1,800 physicians at hospitals in Southeast Michigan as members, said in a news release that the transition of Beaumont Physician Organization physicians is expected to be completed by the end of the year. “Together, we can immediately begin working on combining our strengths and best practices to work more closely with Beaumont Health System on strategies for success in the changing healthcare environment,” Dr. Michael Williams, United Physicians' president and CEO, said in the release. United Physicians is not disclosing financial terms of the deal. A spokeswoman said the organizations are discussing the number of seats on the board that the Beaumont Physician Organization will have. Beaumont Physician Organization's 1,600 physicians are all members of the Beaumont Health System medical staff. The Royal Oak, Mich.-based system owns three hospitals.