$150 million project brings essential healthcare services, jobs to Boone County
LEBANON, Ind. – Aug. 26, 2025 – The latest in its investments across central Indiana, Parkview Health today announced plans to build a full-service hospital and medical office building in Lebanon. The facility is expected to cost approximately $150 million and will be located in Hickory Junction at the intersection of I-65 and State Road 39.
“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, Parkview Health. “By investing here, we want to ensure that families in Lebanon and surrounding communities can receive advanced care close to home, delivered by providers who are committed to their neighbors for generations to come.”
The 108,000-square-foot hospital will feature a 24/7 emergency department and inpatient medical, surgical and specialty care. The 30,000-square-foot medical office building will house primary care and specialty care, outpatient diagnostics and a shared employer clinic.
The facility is expected to create more than 200 healthcare jobs in Lebanon.
Lebanon Mayor Matt Gentry shared, “We are excited to welcome Parkview Health to Lebanon; this investment will bring expanded healthcare access, high-quality services, and new healthcare options to Lebanon and Boone County. Parkview’s commitment to Lebanon reflects the strength of our community, and we are eager to build a lasting partnership that benefits our residents for years to come.”
Card & Associates announced the development of Hickory Junction in 2021, setting in place a 10-year plan to develop a multi-sport, entertainment and residential destination in Lebanon. Hickory Junction is envisioned as a 350-acre development that would attract visitors and provide first-in-class experiences for Lebanon residents, and aligns with the city’s life sciences, high-tech and university expansive growth.
The Farmers Bank Fieldhouse at Hickory Junction debuted in 2022 and Parkview Sports Medicine has also committed to providing sports performance services in the fieldhouse beginning in 2026.
“Parkview Health’s leadership team and providers will bring innovative and convenient care access,” said Andy Card, CEO and founder, Card & Associates. “Hickory Junction, like most major developments, is at its mid-point, and we look forward to what’s yet to come.”
Dr. Johnson added, “Parkview is focusing on the I-65 corridor to provide healthcare services aligned with the state’s growth initiatives, including the 9,000+ acre LEAP Lebanon Innovation District, which will be home to Eli Lilly and Company and Meta, which are also making substantial new investments in Boone County.”
The Lebanon hospital is the latest in Parkview Health’s growth throughout northern Indiana. The nonprofit health system announced plans in May to open two new facilities in Marion, and in July, welcomed Parkview Logansport Hospital and committed to building a hospital in West Lafayette.
“As we grow and create greater access to care, we remain focused on reducing healthcare costs for our patients,” added John Bowen, chief growth markets officer, Parkview Health. “A shared employer clinic is one way we can do that for businesses in Lebanon. We’re also expanding access to innovative direct-to-employer health plans, virtual visits and lower-cost outpatient care options — delivered in settings that are more convenient and affordable for families. Together, these efforts ensure patients have both greater choice and greater value.”
In addition to direct-to-employer partnerships, since 2020, Parkview has renegotiated contracts with major health insurance companies to yield more than $1.1 billion in total rate reductions through 2025. Last month, they announced a new long-term contract with Anthem, further reducing their hospital rates through 2029. The health system has also grown its virtual care options and launched numerous low cost, non-hospital ambulatory care sites.
Construction on the Lebanon hospital is expected to begin in 2026, with a targeted opening in the summer of 2028.
About Parkview Health
Parkview Health is a not-for-profit, community-based health system serving a northern Indiana and northwest Ohio population of more than 1.3 million. Parkview Health’s mission is to improve health and inspire well-being in the communities it serves. With approximately 17,500 co-workers, it is the region’s largest employer.
Parkview Health includes 15 hospitals and an extensive network of primary care and specialty care physicians. Parkview annually earns multiple "A" Hospital Safety Grades from The Leapfrog Group, is ranked among the Best Hospitals in Indiana by U.S. News & World Report, has been recognized by The Chartis Center for Rural Health for excellent hospital quality and outcomes for rural care in northern Indiana, and received the NRC Health No. 1 overall Excellence in Patient Experience Award for medium-sized systems as the system with the highest patient net promoter score nationally.