South Central Indianas regional referral center

1
South Central Indianas regional referral center
Bloomingtons 10-County Immediate Service Area

• Serving a population of 428,000
• Ten-county service area
• 45 percent of inpatients reside outside of Monroe
  County

2
Opportunities 5-10 years

• Exciting Vision One of the best hospital
  systems in Indiana (Midwest)
• Comprehensive Regional Provider
• Outreach-Logical levels of care
• Centers of Excellence in our key service lines
• A flourishing healthcare campus
• Modern facilities designed for patient/customer
  experience
• Integrated within a system of care and best
  evidenced practices for the state
• I.T. connected
• Strong Collaborative partnerships with I.U. and
  key stakeholders

3
Challenges - Environmental Factors/Trends

• Reimbursement
• Escalating costs
• Medicare/Medicaid cost shifting
• Increasing uninsured/charity care
• Commercial insurance contracting
• Manpower Shortages
• Physicians
• Professional/technical professions
• Competition
• Out-of-area for-profit providers
• Physician groups

4
Bloomington HospitalFuture Strategies

• Physician Integration/Alignment
• Regional Outreach
• Facility improvements
• Collaboration with Other Selected Regional
  Providers

5
Clarian Health PartnersRationale for Alignment

• Not-for-profit system dedicated to Indiana
• Indiana University connected (medical education,
  governance, MPRI, etc.)
• Provides the services that we dont offer
• Has a significant market presence in our service
  area
• Has the size and financial capacity to facilitate
  our goals

6
Through 6 strategic goals, BH will better serve
428,000 people in the surrounding 10 counties

• 1. Develop as the regions preferred referral
  center.
• 2. Improve the regions health services using an
  integrated system.
• 3. Enhance alignment with physician groups that
  are essential in the marketplace.
• 4. Improve quality outcomes through technology,
  best practices, and medical education.
• 5. Address and meet our facility needs.
• 6. Deliver greater value for our services through
  our managed care partners.

Bloomingtons 10-County Immediate Service Area
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Benefits to the community

• Strong, thriving hospital organization
• Core not-for-profit mission intact and
  sustainable
• State of the art technology/facilities
• Comprehensive regional provider through
  coordinated regional plan
• Strong collaborative partnership with IU and key
  stakeholders
• Continued participation in local Board governance

8
Proposed Timeline
Sign Definitive Agreement
Letter of Intent
Approve Strategic / Facility Plan and Close Deal
Definitive Agreement
Strategic / Facility Planning
May 2008
August 2008
January 2010