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Startup VoCare Inc. might move to find venture capital dollars

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A Lebanon-based startup wants to build a call center here and add up to 300 jobs, but state and local officials are struggling with a big obstacle to keeping the company here: a lack of early-stage venture capital.

VoCare Inc. has designed a service that can provide 24-hour-a-day remote monitoring and live communications between home-bound seniors and their primary care doctors. It is trying to raise $4 million in capital to launch its service.

Since it can provide the service from anywhere in the country, VoCare is mulling a move to South Carolina, Florida or Texas. But the company is also talking to economic officials in Indiana, said company spokesman Tim Tuttle.

“It really is a national program. So they could put it anywhere,” Tuttle said. But, he added, VoCare founder Steve Peabody “would truly like to stay in the Indianapolis area.”

VoCare recently signed a pilot partnership with Indianapolis-based American Health Network, a 200-physician practice, and researchers at Indiana University, who will help test its TeleHealth System. Also participating in the pilot is Wisconsin-based Marshfield Clinic.

In a statement, VoCare officials said they would make a location decision in the next 120 days.

“We have strong ties to Indiana and the Midwest, but we need to look at all options in determining the best place for our business,” Peabody said in the statement. “We need to operate in the most cost-effective environment possible to keep the cost of our VoCare TeleHealth System affordable.”

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  1. The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.

  2. I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!

  3. Coming from her background,she should be used to those kinds of advances! Menard probably figured it was ok to tuck a buck!

  4. I'm still waiting for the list of available, high quality apartments in the Village.

  5. This criminal masquerading as a lawyer obviously has serious issues. He’s been proven by his own testimony to be a pathological liar and probably has a personality disorder as he seems to be constructing a reality around himself. He places no value on truth, honesty or loyalty as evidenced by what he has done to his clients and his own family. And by the demands and lies he has made in court, it is evident he feels entitled to do and say whatever suits his purpose and everyone else is expected to nod obediently and believe him because he is, after all, Bill Super Lawyer; or BS lawyer for short. This millionaire wanna-be no longer owns anything of value; he squandered it and put everything he had into foreclosure. He has no money, house, car, boat or vacation home left to show for what he earned or what he stole. He’s just another loser without morals who will be doing time. I’m certain all of his courtroom shenanigans are antagonizing his poor victims. As Lamar said, his behavior and claims in court have been outrageous. The judge needs to be more than concerned; he needs to be judicial and end this nonsense.

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