7/30/26 PM UPDATE: Margaret Mary Health opens $125M hospital; Purdue retirement community secures financing; Indiana regions seek $120M in rural health grants

Inside INdiana Business Radio for the afternoon of July 30, 2026. Batesville-based Margaret Mary Health has officially opened its new $125 million hospital, replacing its more than 90-year-old facility and launching the first phase of a larger health and wellness campus. Varcity has closed financing for a retirement community planned in Purdue University's Discovery Park District, with construction expected to lead to a summer 2028 opening. Eight Indiana regions are competing for a combined $120 million in grants to improve health care access in rural communities. Indiana state agencies are increasingly using artificial intelligence for behind-the-scenes work, from speeding investigations to improving government services. Muncie-based First Merchants Bank is investing $6 million to expand its footprint in southern Indiana, including a new banking center in Floyds Knobs and upgrades to 14 existing branches. Plus, farmer sentiment declined for a third straight month in June as producers continued to cite high input costs and low crop prices as their biggest financial challenges. Get the latest business news from throughout the state at InsideINdianaBusiness.com.