A new physician-owned, for-profit hospital in Merrillville, Ind., is expected to open by the end of 2006, with construction on the $17 million facility slated to start Nov. 1. Thirty physicians have invested in the hospital, which has hired an administrator. The hospital, Pinnacle Healthcare, will offer medical-surgical care, general surgery and diagnostic services, said physician-investor and board member Ramesh Kanuru. Eight other acute-care hospitals, all not-for-profit, and a small for-profit surgery hospital operate in the Lake County, Ind., market. Indiana doesn't have a certificate-of-need law. "Our vision is not a new idea," Kanuru said. "One of the most successful hospitals in the country known worldwide for its quality of care is the Mayo Clinic, which was founded by two physician brothers. ... We want to raise the quality-of-care bar and raise nurse-to-patient ratios." -- by Mark Taylor
Ind. physicians to open acute-care hospital in 2006
Send us a letter
Have an opinion about this story? Click here to submit a Letter to the Editor, and we may publish it in print.