Three Indiana hospital systems drop Indiana Blood Center services

Published: .
Updated: .

It's a hit for the Indiana Blood Center is being dropped next year by IU Health and St. Vincent Health hospital systems, as well as Terre Haute's Union Hospitals.

The facilities are switching to the American Red Cross for their blood supplies.

The Blood Center told the Indianapolis Business Journal those three contracts bring in about a third of their $61 million annual revenue.

IU Health says the switch was made due to pricing and service.

Indiana Blood Center President and CEO Byron Buhner and Chairman of the Board L. Alan (Skip) Whaley said in a statement: "What we assure you is that we are working collaboratively to adapt and thrive alongside our hospitals. A new strategic position is taking shape for Indiana Blood Center. Regardless of the contractual relationship, hospitals in Indiana will continue to benefit from our expertise in transfusion medicine and our ready supply of blood components."