Parkview Health is expanding its footprint in central Indiana with plans to build a $150 million hospital and medical office complex in Lebanon.

The 108,000-square-foot hospital will include a 24/7 emergency department, inpatient medical and surgical care, and a range of specialty services. Adjacent to the hospital, a 30,000-square-foot medical office building will provide outpatient diagnostics, primary and specialty care, and an on-site clinic for area employers. Parkview expects the project to create more than 200 healthcare jobs locally.

“Boone County is growing quickly, and the availability of high-quality healthcare is essential to supporting its long-term growth,” said Dr. Greg Johnson, chief physician executive of growth markets at Parkview Health.
Construction is scheduled to begin in 2026, with the facility projected to open in the summer of 2028.

The Lebanon development is the latest in a series of moves by Parkview to increase access to care along the I-65 corridor. In recent months, the health system announced new facilities in Marion, took over operations at Parkview Logansport Hospital, and confirmed plans to build in West Lafayette.

Parkview's expansion aligns with ongoing regional development, including the LEAP Lebanon Innovation District, a state-backed project expected to bring significant investment from companies such as Eli Lilly and Meta.

The Hickory Junction site, a 350-acre mixed-use development led by Card & Associates, is positioned as a future hub for sports, entertainment, and healthcare. Parkview Sports Medicine is slated to begin services at the Farmers Bank Fieldhouse there in 2026.

In addition to its physical expansion, Parkview has also focused on cost-containment strategies, including direct-to-employer health plans and contract renegotiations with insurers. The system reports over $1.1 billion in rate reductions through 2025.

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