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Health & Hospital Corporation outlines multi-year plan after state funding cuts
Summary
Marion County Health and Hospital Corporation officials told the Municipal Corporations Committee they face multi‑million-dollar revenue losses in 2026, have proposed transfers to stabilize Eskenazi Health operations, and are pursuing $450 million in multi‑year run‑rate improvements to reach a 240‑day cash target.
Paul Babcock, president and CEO of the Marion County Health and Hospital Corporation (HHC), and CFO James Simpson presented the corporation’s 2026 budget to the Municipal Corporations Committee on Sept. 17, describing multi‑year financial pressures and a plan to improve operations and preserve cash.
Simpson told the committee that both HHC’s general fund and Eskenazi Health fund project roughly $25 million deficits in 2026 and that the corporation is pursuing run‑rate improvements totaling roughly $450 million over five years to reach a target of 240 days’ cash on hand. He said HHC identified $86 million of run‑rate improvements in the 2026 budget and has annual targets for divisional improvements.
Why it matters: HHC runs Marion County’s public health department, Eskenazi Health hospital services and long‑term care operations; its budgets and transfers affect the county’s health safety net, capital investments and the availability of local services for uninsured and low‑income residents.
Major revenue and…
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