Indiana University Health, the largest healthcare system in Indiana with 16 hospitals statewide, quietly donated $416 million to its associated Indiana University School of Medicine late last year, appearing to lower the healthcare giant’s profits as it faces scrutiny over its $1.1. billion revenue, according to the Associated Press.
There was no public announcement of this donation from either institution, which is unusual for a gift that was larger than all of IU Health’s charitable contributions in the last 11 years combined.
I
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