Indianapolis-based Indiana University Health’s board of directors has approved the proposal to increase the size of its downtown hospital and expanded medical campus project.
The hospital now calls for 864 private patients beds, up from the previously planned 672, Becker’s reports. The board said the larger capacity is needed to meet projected inpatient demand, including for a growing caseload of sicker patients.
The budgeted construction cost of the new hospital is now $2.31 billion. The updated budget reflects a more than 20 percent rise in construction costs since the project was first budgeted as well as the health system’s commitment to expand the hospital to serve the state’s needs. Read more.
