Indiana University Health, the state’s largest hospital system, recently reported an annual income of $343 million last year, nearly tripling income from $121 million in 2022. Hoosiers for Affordable Healthcare, a 501(c)(4) coalition founded in 2020 to advocate for policies that lead to lower healthcare prices, particularly hospital prices, in Indiana, celebrated the market leader for lowering prices. Al Hubbard, the Board Chairman of Hoosiers for Affordable Healthcare called on all Hoosier hospital systems to follow the lead of IU Health.
“Indiana University Health continues to set a great example for hospitals across our state. IU Health has demonstrated that a hospital can lower prices and protect its bottom line if hospital leadership is committed to doing so. For too long, Indiana’s healthcare systems have raked in record profits by charging Hoosiers some of the most expensive prices in the country, all while maintaining non-profit status. IU Health is demonstrating that there is a better, more cost-effective way to provide world class care to Hoosiers,” Hubbard said.
“IU Health’s commitment to lowering prices to the national average represents a meaningful step forward in addressing Indiana’s healthcare costs which find Hoosiers paying the 7th highest prices in the nation for hospital care,” said Hubbard. “We hope the insurance industry is working with IUH to pass the savings to the consumer.”