Partnering Opportunities
With 20 hospital ministries throughout Central Indiana, and over 2,500 physicians, St.Vincent Health has enjoyed a productive history of partnering with medical professionals and organizations. Through collaboration, partnerships and development from the perspective of mission, sustainability and viability, St.Vincent Health will bring physicians and hospitals together to ensure coordinated care, optimal outcomes, patient satisfaction and local healthcare delivery.
"Our goal is to align more closely with physicians, and bring the highest level of care to Indiana patients and families," said Kevin Speer, Chief Strategy Officer of St.Vincent Health. "We have a rich history of supporting our physicians, as they focus on what is important for the patient. This approach will continue through the St.Vincent Medical Group."
- Geared Model
- Build programs and services locally creating a collaborative health system
- St.Vincent Health has remained consistent in its approach to trusted partnerships and physician alignment
- Approach partnerships and development from the perspective of mutuality, sustainability and economic viability
- Maintain a collaborative approach of keeping health care local in the communities we serve
- Focus is to have a significant health care presence in rural Indiana – all Hoosiers have access to quality care – Critical Access Hospital Experience
St.Vincent is interested in partnering with health systems in order to best serve patients and Indiana communities.
- Buying power to negotiate better reimbursement from insurance plans and lower prices from suppliers
- Need a larger system to provide enough patients for high-value specialists – orthopedic surgeons, heart and cancer specialists
- Larger financial base make hospitals more credit-worthy, driving down their borrowing costs
St.Vincent Health Horizontal Growth
- Potential Hospital Partners
- Clinical Affiliations
- Extension of Physician Partners
- Outpatient & Ambulatory Expansion
- Primary Care Expansion
- Back Office Shared Services
Health Provider Partnerships
OrthoIndy/Indiana Orthopaedic Hospital
- Indiana Orthopaedic Hospital (IOH) has entered a partnership with St.Vincent Health (SVH), who has acquired minority interest in the hospital
- OrthoIndy, SVH and other independent orthopedic physicians are currently in discussions to create a management company. Through the company, OrthoIndy and other orthopedic physicians will have investment opportunity and have management responsibility for the St.Vincent Indianapolis Hospital Orthopedic service line, and provide orthopedic services where there is a need throughout the state of Indiana
Suburban Health Organization
- Hospitals – Hancock Regional Hospital, Hendricks Regional Hospital, Witham Health Services, Henry County Hospital, Morgan Hospital, Riverview, Westview
- Shared services for quality initiatives, physician recruitment, managed care contracting, patient access and efficiency
Community Partnerships
YMCA
- St.Vincent Health and the YMCA of Greater Indianapolis partnership to benefit health and wellness of community residents
- First phase the 3,900 square-foot expansion of the Fishers YMCA – SV Physical Therapy
School System Partnerships
Zionsville Schools System
- Onsite Health Clinic for employees
- School-Based Health Centers (school nurses)
- Sponsorship of the Athletic Program
Employer-Based Strategy
Healthcare Reform
- Improve quality, increase efficiency and reduce costs
- Use of primary care physicians
- Managing chronic disease and encouraging preventative care
- Better care delivery and care coordination
Points of Differentiation
- Vision statement – "always keeping health care human, we envision healthcare that works, healthcare that is safe, health care that leaves no one behind"
- 128-year history of providing compassionate and quality care to the poor – faith-based
- SVH Mission and Core Values
- Large and complex organization with more than 11,500 associates; 2.2 million patients annually; more than 1,500 beds
- 18-hospitals supporting the state of Indiana (8th largest employer in Indiana) including Quaternary, Tertiary and Critical Access hospitals
- Offering of comprehensive services – CV, Neurosciences, Cancer, Orthopedics, Bariatrics, Women, Children, Primary Care, Surgery, Imaging, etc.