St. Vincent Light on Details of Carmel Property Purchase

(Image of Joel Feldman courtesy of St. Vincent.)

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St. Vincent has acquired property at one of the busiest intersections in Indiana. Regional President Joel Feldman says the purchase of land near U.S. 31 and I-465 in Carmel is a play toward the future. Specific details of what the health system plans to do at the site have not been released, nor has the price of the acquisition, but Feldman says the focus will be on accessibility and delivering "high-quality, compassionate and personalized care to even more patients and families."

In an interview with Inside INdiana Business, Feldman said the acquisition was prompted by a need to address rapid changes in healthcare. "What we want to do is to create an integrated health care system, which pushes healthcare as close to the consumer as possible and is medically appropriate to increase accessibility and then to decide what services need to go where to meet those goals," Feldman said. "Care has been shifting pretty dramatically from the inpatient setting to outpatient setting, so we have to do more investigation and data crunching before we know where we think that’s going to be in 10 years and what we think the trends are going to be over 20 or 30 years. Then, once we’ve done all of that, then we’ll be able to decide what services go where, what the services should look like and the very last step in that process is what is the physical point you need to support that."

Feldman says he doesn’t expect to have any information on the future of the Hamilton County land until "well into 2019." The acquisition, he adds, is in-line with patient trends such as not wanting to travel for routine care and for a general shift from the industry from inpatient toward outpatient treatments. St. Vincent currently employs more than 15,000 and has several facilities connected to its footprint of two dozen Indiana hospitals located within a few miles of the newly-acquired property.