Indianapolis | Indiana | 2014 | Market Overview (Event Driven)

Analyst: AnnJeanette Colwell

Report Summary:
The Indianapolis healthcare market saw less activity among its largest entities this year as organizations reassessed their strategies in preparation for healthcare reform. Hospitals are being much more strategic about growth, and physician employment has slowed. Managed care organizations are exploring new options to increase their enrollment, such as narrow networks and private exchanges, and these are becoming increasingly attractive to employers that are facing the requirements of the Affordable Care Act and want to contain their costs. Population health management strategies are gaining traction, and cost-conscious consumers continue to choose low-cost health plans.
 
Questions Answered In This Report: 
All the large Indianapolis health systems have announced significant cost-cutting measures. Which health systems announced layoffs of employees? Which system tabled a major expansion project? What strategies are being used to increase efficiency and decrease waste across the health systems' networks? Which health systems have formed ACOs, and which one has a very succesful Pioneer ACO?
 
There are various initiatives underway to combat a predicted physician shortage in Indianapolis. Which Indianapolis university recently opened the state's second medical school? Which medical school is expanding its class sizes to train more physicians each year? How does Indianapolis' supply of mid-level providers compare to the national average?
 
Managed care organizations are exploring new options to increase their enrollment in the market. Which health plans have limited their networks on the state's health insurance exchange? Which carrier launched its own private exchange for employers in 2013? Which health system-owned plans are likely to expand in the coming years?
 
Scope:
 
Market Includes: Boone, Brown, Hamilton, Hancock, Hendricks, Johnson, Madison, Marion, Morgan, Putnam, and Shelby counties 
 
Primary Research: Analysis of HealthLeaders-InterStudy data, Billian’s HealthDATA, local and state news and industry reports and interviews with local healthcare executives
 
 
Companies Mentioned:
Managed Care Companies:
WellPoint
Anthem Blue Cross and Blue Shield of Indiana
UnitedHealth Group
Cigna
MDWise
Advantage Health Solutions
 
Hospitals/Others:
IU Health
St. Vincent Health
Community Health Network
Eskenazi Health
Franciscan St. Francis Health
Suburban Health Organization
IU Health Physicians
St. Vincent Medical Group
Community Physician Network
American Health Network
Employers' Forum of Indiana
Indiana Employers Quality Health Alliance
 
Industry-Related Topics:
Accountable care organizations
Benefit design
Consumer driven health plans
Insurance exchanges
Medical homes
Pay for performance
Health information exchange
On-site clinics
Decision Resources Group brands include: