Make a Wishard
Matt Gutwein, CEO of Health and Hospital addressed the Downtown Rotary Club of Indianapolis Tuesday. He spoke about the need for the hospital expansion and answered questions from Daniel Lee of the Indianapolis Star and Dr. Matt Will, professor of Finance at for the School of Business MBA program. I was there and recorded the conversation and I have posted them below for you to listen to and make up your own mind.
October 28th, 2009 at 7:50 am
I dislike being played and manipulated using sympathy for Wishard- I just calculated the property tax bill which included the IPS 700 million and doubling that for Wishard should they decide to come calling for the 700 million adds up to a huge increase. I cannot mount a fight to stop that should it come to be. They can build this without using property taxes to back this and they refuse to do so. I find that suspect and frankly I do not beleive them. I also do not like them saying they will have to close. That is a lie unless they themselves decide to close. That is how we the people are in trouble due to government and its entities. I am still voting No. Listening to him now saying they will not use taxes –well then do it without us, he says he has the money. Cost effective huh, well it is cost effective for me to say no since I pay the p.t. bill. Sounds like a snake oil salesman.
He shouldn't worry though he put out the big possible lie using 1 million donated and those undescerning and sympathically manipulated will vote yes–many of those don't even pay property taxes. The public that pays the bills is outgunned and outsmarted on this.
October 30th, 2009 at 6:09 pm
If Wishard is in such bad shape it should be shut down like Winona.
Clients should be shifted to St. Vincents, Methodist, Community Hospital, & Roudebush Veterans Hospitals.
I noticed that three of these hospitals are now supporting the new Wishard. No wonder. They want to protect profit margins. Do they really deserve to be treated as non profits when they shift all the needy clients to taxpayer funded Wishard and capture profits in for-profit affiliates?
October 30th, 2009 at 6:21 pm
Lets get real. Wishard could be closed.
The much bragged about level I trauma center is duplicated by Methodist's center a few hundred feet away. All four hospital networks in downtown do equally good deeds that supporters only attribute to Wishard.
(Clarian is the common thread between IU, Wishard, Methodist, and recent expansion hospitals in Bloomington, Lafayette and Muncie).
If IU and Clarian want a new downtown hospital they should back up the Wishard financing of “revenue” bonds instead of “general obligation” bonds backed by taxpayers which will bypass the property tax cap and are not restricted to construction costs of a new hospital.
October 30th, 2009 at 11:09 pm
If Wishard is in such bad shape it should be shut down like Winona.
Clients should be shifted to St. Vincents, Methodist, Community Hospital, & Roudebush Veterans Hospitals.
I noticed that three of these hospitals are now supporting the new Wishard. No wonder. They want to protect profit margins. Do they really deserve to be treated as non profits when they shift all the needy clients to taxpayer funded Wishard and capture profits in for-profit affiliates?
October 30th, 2009 at 11:21 pm
Lets get real. Wishard could be closed.
The much bragged about level I trauma center is duplicated by Methodist's center a few hundred feet away. All four hospital networks in downtown do equally good deeds that supporters only attribute to Wishard.
(Clarian is the common thread between IU, Wishard, Methodist, and recent expansion hospitals in Bloomington, Lafayette and Muncie).
If IU and Clarian want a new downtown hospital they should back up the Wishard financing of “revenue” bonds instead of “general obligation” bonds backed by taxpayers which will bypass the property tax cap and are not restricted to construction costs of a new hospital.