Two Physician-Owned Indiana University Hospitals May Transition to Nonprofit Status

Two physician-owned hospitals within the Indianapolis-based Indiana University Health System will likely seek nonprofit status soon, according to a Desert Sun report.

IU West in Avon is 20 percent physician-owned and IU North in Carmel is 40 percent owned by physicians. The system is currently negotiating to purchase the physicians' shares, but a deal has not yet been reached. System officials could not give a timeline.

Ron Stiver, senior vice president of IU Health, said the transition is due to provisions in the federal healthcare reform law restricting physician-owned hospitals from expansion.

Read the Desert Sun report on IU West and IU North.

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