St. Vincent Light on Details of Carmel Property Purchase

Posted: Updated:
(Image of Joel Feldman courtesy of St. Vincent.) (Image of Joel Feldman courtesy of St. Vincent.)

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.

In an interview with Inside INdiana Business, Joel Feldman said the acquisition was prompted by a need to address rapid changes in healthcare.
  • Perspectives

    • (photo courtesy of Conexus)

      October Celebrates Indiana’s Vibrant Manufacturing Industry

      Indiana is the most manufacturing intensive state in the country and more than a third of the state’s GDP comes from the industry. The health and wellness of Indiana’s economy is dependent on the state’s manufacturing industry. But Hoosiers face a challenge: it is expected that nearly a quarter of the current manufacturing workforce will be of retirement age in the next 10 years and we lack the generational workforce to make up that gap.



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


  • Most Popular Stories

    • (image courtesy of The Times of Northwest Indiana)

      U.S. Steel Updates Layoff Notice to State

      Pittsburgh-based U.S. Steel Corp. (NYSE: X) has updated the State of Indiana regarding its previously announced layoffs at the East Chicago Tin Mill. The company says 314, rather than 307, workers will be displaced when the mill is idled this fall. 

    • Regal Beloit is closing in Valparaiso. (photo courtesy; The Times of Northwest Indiana)

      Valpo Bearings Plant to Close, Eliminating 160+ Jobs

      Wisconsin-based Regal Beloit Corp. and the union representing workers have reached an agreement about the closing of a helicopter bearing factory in Valparaiso. According to our partners at The Times of Northwest Indiana, the decision will cost between 160 to 170 workers their jobs. 

    • AM General & Fiat Chrysler announce plans to build military grade Jeep Gladiator pickup trucks.

      AM General, FCA Collaborate on New Military Grade Jeep

      Nearly 80 years since the first jeep rolled off the assembly line, and helped support American soldiers throughout World War II, it appears the trusted four-wheel-drive machine may be making a comeback in the U.S. military. South Bend-based AM General LLC has teamed up with Fiat Chrysler Automobiles to build military-grade versions of the 2020 Jeep Gladiator pickup truck. 

    • Red Star announced plans to expand and add 18 jobs.

      Larwill Medical Device Maker to Expand, Add Jobs

      A Whitley County-based medical device maker has announced plans to expand its facility in Larwill which should mean new jobs. Red Star Contract Manufacturing Inc. says it will invest $1.6 million in real estate improvements and additional equipment and will create 18 new jobs by 2022. 

    • Jaci Lederman

      Vincennes Professor Wins Prestigious Award

      The International Council of E-Commerce Consultants has honored Vincennes University faculty member Jaci Lederman with the Academic Instructor Circle of Excellence award. She is chair and associate professor of the Information Technology Department. Lederman won the distinction due to her commitment to cybersecurity education.