Columbus Regional Enters 'Next Big Phase'

Posted: Updated:
Columbus Regional Hospital is the flagship of Columbus Regional Health, which serves 10 counties. Columbus Regional Hospital is the flagship of Columbus Regional Health, which serves 10 counties.
COLUMBUS -

Columbus Regional Health has announced a more than $11 million acquisition of nearly 800 acres in Bartholomew County. A spokeswoman says health system officials are working with local economic development leaders on potential uses for the property. Columbus Regional Health has not detailed the full scope of their vision for the land, but says the portion it doesn't end up using "creates a community development opportunity."

Chief Executive Officer Jim Bickel said in a video released by Columbus Regional Health, the acquisition will help bring a "broader and deeper bench" of care options to the community with a potential to add some 100 medical care providers in the next five years. He calls the acquisition a "win-win" situation for the system and the region.

Officials add the purchase puts Columbus Regional Health in a position to "engage in purposeful evolution and growth, and to meet anticipated future needs." Current development and maintenance plans will not be affected by the acquisition, Community Regional Health said in a news release.

The land, purchased from Garden City Farms LLC, is located near I-65 on the city's west side. The seller did not wish to subdivide the undeveloped land and Columbus Regional Health said it "does not require the entire acreage for our future needs."

Mid-last year, Columbus Regional Health announced another acquisition -- the $4.5 million purchase of the former Clarion Hotel and Conference Center. The system celebrated its 100th anniversary in 2017.

  • Perspectives

    • What Do Customers Really Think of You?

      Ask a business owner how her customers think about the services they receive or the products they use, and you’ll hear comments like "they love us." But when a third party asks those customers the same question, the results can be eye-opening. I recently shared the story about developing a customer profile for a professional services firm that was eager to grow but lacked useful marketing intelligence about the business it was already handling. We helped them...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Scotty's Brewhouse Files For Bankruptcy

      Indianapolis-based Scotty's Brewhouse has filed for Chapter 11 bankruptcy protection. The company says the decision was "driven largely by the challenges of some specific locations and was necessary because of the way the company was structured corporately." As a result of the deal, Scotty's will close four of its restaurants by the end of the year. In a news release provided to Inside INdiana Business...

    • Churubusco Company Acquired

      Cleveland-based Lincoln Electric Holdings Inc. (Nasdaq: LECO) has announced the acquisitions of two companies, one of which is located in Whitley County. Financial terms of the deal for Churubusco-based Pro Systems LLC and Coldwater Machine Company LLC in Ohio are not being disclosed.

    • Indy Airport to Introduce New Airline

      Indianapolis International Airport will today host an event to welcome a new airline. Airport officials say the provider will add more routes to IND's growing roster of options. Earlier this month, the airport reported record-breaking traffic in the third quarter. IND said the more than 2.4 million passengers that passed through the airport in the third quarter of 2018 marked an 8 percent year-to-date increase over last year and the best third quarter in the facility's history.

    • Indy Chamber Unveils Legislative Priorities

      The Indy Chamber has released its legislative agenda ahead of the 2019 Indiana General Assembly. Priorities include early childhood education, hate crimes legislation and an increase to the state's cigarette tax.

    • Shelbyville to Debut Giant Sculpture

      Officials in Shelbyville will this evening unveil a new art installation in the city's downtown. The city says the four-story, $150,000 sculpture known as Blue River - Wind, Rain and Water anchors its ongoing commitment to public art.