Anderson Psychiatric Facility Sold And Set to Reopen

Posted: Updated:
The Anderson facility is set to reopen in August under new ownership. The Anderson facility is set to reopen in August under new ownership.
ANDERSON -

Indianapolis-based Assurance Health System has sold its Anderson short-term psychiatric hospital. Our partners at The Herald-Bulletin report that the company opened its location at the Flagship Enterprise Center in 2014. The location was denied accreditation this year by the Joint Commission on Accreditation of Healthcare Organizations, which provides standardized healthcare accreditation around the state.

The Madison County facility closed its doors at the end of May, and lost its Medicare provider status on July 6. Morris Long, a co-owner of Assurance Health, told The Herald-Bulletin that the company sold the facility to an employee of the former location. The new company, A New Health Care, will reopen it in August. A New Health Care will be on the hook for loans on the Anderson property left unpaid by Assurance Health System.

In 2014, the Anderson Redevelopment Commission awarded Assurance Health System a $200,000 conditional seven-year loan. At the time that the loan was approved, the publication reports, Assurance Health indicated it would make a $3.2 million investment in Anderson and would eventually add 52 jobs. The Redevelopment Commission says $149,000 is still owed and the city expects the new company to cover previous obligations.

You can read more from our partners at The Herald-Bulletin by clicking here.

  • Perspectives

    • (photo courtesy of Bosma Enterprises)

      Making a Difference Through Meaningful Employment

      Imagine facing a 70 percent unemployment rate. That is the challenge people who are blind or visually impaired are up against when trying to find employment. And it is why Bosma Enterprises' mission to create opportunities is so important. The Governor’s Council designates each March as Disability Awareness Month to promote independence, integration and inclusion of all people who have disabilities. As the state’s largest employer of people who are blind or...

    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

    • The Amazon Effect: How Big is The Economic Impact?

      Jeff Bezos, CEO of Amazon, increased his net worth by $6.44 billion dollars just by saying a few words. He announced the company's earnings on October 26, 2017, and Amazon stock jumped 8 percent. How are you impacted by the Amazon Effect?

    • Jenni White

      Trinity Haven Hires First Employee

      Trinity Haven has named Jenni White executive director. She most recently served as vice president of mission impact at Coburn Place. White has also worked in various capacities with the Damien Center and Leadership Evansville. She is active with the Indiana Coalition Against Domestic Violence and the Indianapolis Continuum of Care.

    • Photo courtesy of 410 Bakery

      Hoosier Bakery Makes Top 7 Gas Station Conversion List

      A Hoosier bakery has been recognized as one of “America’s 7 Most Beautiful Gas Station Conversions” by Architectural Digest. 410 Bakery in New Albany launched in 2016 as a full retail bakery in what was previously the Economy Filling Station. 

    • New Indiana State President Confirmed

      The Indiana State University Board of Trustees has unanimously approved Deborah Curtis as the school's 12th president. Curtis, currently the provost and chief learning officer at the University of Central Missouri, will begin her new role in January.

    • Bose Public Affairs Promotes Sorvig to VP

      Bose Public Affairs Group LLC has promoted Rachel Sorvig to vice president. She joined the firm in 2012 and most recently served as public relations director. Sorvig previously served as communications director for the office of Indiana Lt. Governor Becky Skillman, where she managed communications for the Lt. Governor’s office and five additional state agencies including those responsible for agriculture and energy policy.