Large Indiana hospital systems switch blood banks - Fox 28: South Bend, Elkhart IN News, Weather, Sports

Large Indiana hospital systems switch blood banks

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INDIANAPOLIS (AP) - A major Indiana blood bank is losing its contracts with two large hospital systems in the state as they look for cheaper prices.

The Indianapolis-based Indiana Blood Center says it is being dropped early next year by the Indiana University Health and St. Vincent Health hospital systems, along with Terre Haute's Union Hospital. Those facilities are switching to the American Red Cross as their blood supplier.

Blood center officials tell The Indianapolis Business Journal those three contracts bring in about one-third of its $61 million annual revenue. They say the blood center is looking at partnerships with blood banks in other states to cut costs.

IU Health tells WISH-TV it picked the American Red Cross based on "best pricing and service."

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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