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:
 
thisissue1-092914.jpg 092914

Subscribe to IBJ
  1. On my rental property, before tax caps, I was paying $2,000/yr in property taxes. After the tax caps I'm paying $4,000/yr. How exactly am I "benefiting the most"?

  2. Nick, I too tried that new Walmart NM on Michigan a couple of weeks ago. I had the same feeling, it had good prices, but something was just off about it. I can't put my finger on what it is, but it just didn't feel right. On the plus side, it was easy to get in and out of and much less busy than a typical Walmart.

  3. @Young Hoosier - you might want to check out the Paris skyline again....it's decidedly taller than 7-8 stories http://all-that-is-interesting.com/paris-skyline-photo

  4. Are you in need of Loan or financial help?, you need a loan for your business or to solve other monetary issues. James Lewis Loan Company started offering loans with a very low interest rate of 3% for a minimum of 15 years, Interested applicants should submit their request via email (jameslewisloan@gmail.com) for immediate processing with the information listed below: Names in full:................ Address:...................... Gender:.................... Email:........................ Phone Number:....... Amount Required:... Loan Duration:....... Country:................. Occupation:.................. ================================== In acknowledgment to these details, I will send you a well calculated Terms and Conditions for the amount you require. Warm Regards, Mr James Lewis

  5. So the GOP legislature passed a bill that gave big breaks to business at the expense of Indiana families. Color us not surprised.

ADVERTISEMENT