IBJNews

Health IT firm hc1.com to add up to 175 Boone County jobs

Back to TopCommentsE-mailPrintBookmark and Share

Health care information technology firm hc1.com announced Friday morning that it will expand its Boone County headquarters, creating up to 175 jobs by 2019.

hc1.com said it will invest $2.5 million to lease and renovate an additional 9,466 square feet to expand its existing 16,626-square-foot headquarters in Northwest Technology Park at 96th Street and Zionsville Road. The company, which moved into the building in February, expects the new space to be ready by the end of the year.

The company has been on an expansion tear. In November, hc1.com said it would invest $1.4 million to grow in Indianapolis, creating 62 jobs. And, in 2010, the firm launched an expansion in Boone County, investing $321,250.

The firm already has 93 employees, with most in Indiana, and is hiring additional software engineers, sales staff and other personnel.

A new partnership with Beckman Coulter Diagnostics is fanning the flames. The companies announced last month that the California-based equipment maker's 400-person strong sales force will market hc1.com's so-called (and trademarked) Health Care Relationship Cloud to its laboratory clients.

"Health care is a big market," Chief Financial Officer Chris Brown told IBJ, "and it's somewhat under-served by technology."

Its software provides a dashboard to manage medical documents, bills and other records for labs, radiology clinics and other medical offices. It also yields data customers can use to manage their operations, such as information on physicians’ productivity.

“hc1.com is expanding rapidly as we work with health care organizations to transform the health care experience for people across North America and around the globe." CEO Brad Bostic said in a prepared statement.

Bostic is a veteran of the Indianapolis technology scene who co-founded Cha Cha Search Inc.

The firm has quietly raised more than $14 million from investors, and Bostic told IBJ last year that hc1.com was on track to double its $10 million in annual sales.

Brown said there's still plenty of room to grow.

“We’re building a $1 billion-revenue business right here in Indiana,” he said.

Company leaders considered moving some operations to Austin, Texas, a hotbed for tech talent, but ultimately decided to stay put. Fishers-based site consultant FairWinds Advisors helped the firm land financial incentives from state and local officials.

The Indiana Economic Development Corp. offered hc1.com Inc. up to $3 million in tax credits and up to $100,000 in training grants based on the company’s job-creation plans. The credits are performance-based, meaning the company only receives them once Hoosiers are hired. Boone County is contributing $50,000.

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. Only half a million TV Viewers? And thats an increase? I knew Indycar was struggling but I didn't know it was that bad. Hell, if NASCAR hits 5 Million viewers everyone starts freaking out saying its going down hill. It has a long way to before Indycar even hits NASCAR's bad days.

  2. IU has been talking that line for years with no real progress even with the last Dean, Dr. Brater. Why will an outsider, Dr. Hess, make a difference? With no proof of additional resources (cash in the bank), and a concrete plan to move an academic model that has been outdated for decades with a faculty complacent with tenure and inertia, I can count on IU to remain the same during the tenure of Dr. Hess. One ought to look to Purdue and Notre Dame for change and innovation. It is just too bad that both of those schools do not have their own medical school. Competition might wake up IU. My guess is, that even with those additions to our State, IU will remain in its own little world squandering our State's tax dollars. Why would any donor want to contribute to IU with its track record? What is its strategy to deal with the physician shortage for our State? New leadership will not be enough for us to expect any change.

  3. How do you think the Bridges got approved? I spent a couple days researching PAC's and individual contributions to some city council members during that time. My printouts were inches thick on the two I concentrated on. Finally gave up. Was disgusted with all the donations, and who they were from. Would have taken me days and days to compile a complete list. Tried to give it to the Star reporter, but he thought it was all just fine. (and apparently he was treated well himself) He ended up being laid off or fired though. And then of course, there was land donated to the dad's club, or city, as a partial payoff. All done in the shining example of "charity." No, none of these contributions are a coincidence.

  4. I agree what kind of help or if any will be there for Dr. Ley's patients. I was a patient myself.

  5. What about the hundreds of patients who sought this doctor for the right reasons, to quit drugs. what option do these patients now have, experience horrible withdrawl or return to heroin?? those are the choices. what about the children of these former addicts who's parent(s) WILL not b able to maintain their job, for @ least 2 weeks.. There needs to b an emergency clinic opened for these patients.

ADVERTISEMENT