Bloomington (Ind.) Hospital has entered a period of due diligence expected to lead the 258-bed hospital toward becoming part of Indianapolis-based Clarian Health in 2010.
The Local Council of Women, Bloomington Hospitals founding organization, voted 403-149 this week in favor of working on a deal with Clarian Health, which owns six Indiana hospitals and manages a seventh. Bloomington Hospital also owns 24-bed Bloomington Hospital of Orange County in Paoli, Ind.
The parties intend to sign a definitive agreement this summer and then embark on an 18-month regional planning process led by a community task force, which will determine the areas future needs for healthcare services and how to deliver them with Bloomington Hospital as the hub. In particular, the process will guide development of a second campus in Bloomington, for which Bloomington Hospital has purchased 85 acres and could include a new hospital in the next five to 10 years.
Bloomington Hospital would remain a distinct entity, Chief Financial Officer James Myers said, but would be controlled by Clarian Health, which would gain the ability to appoint and remove 51% of the hospitals governing board. We were looking really to what was the best thing to create a good integration of healthcare from a clinical and financial perspective in our market area, Myers said. -- by Gregg Blesch