Community Health Network and St. Vincent Health, both of Indianapolis, 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. 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.
The hospitals will maintain an equal ownership in the new organization with a focus on collaboration and using existing IT infrastructures to share clinical data.
“Healthcare reform has required healthcare systems to think differently than in the past,” said Vincent Caponi, CEO of St. Vincent Health and Ascension Health Ministry Market Leader for Indiana and Wisconsin. “Through our ACC partnership, we share a vision of redesigning the healthcare model, and have similar approaches to the delivery of care for Indiana patients and families.”