Company news

May 26, 2010

Ouch. The Indianapolis metro area tumbled in a ranking of fitness of the nation’s 50 largest cities. The American College of Sports Medicine ranked Indy a lowly 44th this year, down from 36th a year ago. The Indianapolis-based organization said its hometown generally exercises less, smokes more and has a higher incidence of chronic diseases. No news there. But the metro area also lags on amenities to support healthy activities: below-average numbers of parks, playgrounds, ball diamonds, swimming pools, tennis courts and even farmers' markets. What does Indianapolis have going for it when it comes to fitness? Lots of golf courses and slightly above-average health insurance coverage. To read the full report, go here.

Arcadia Resources Inc. will spend $3.9 million and add 930 jobs in Indianapolis by 2013, the company announced last week. Indianapolis-based Arcadia said it plans to grow its corporate presence and centralize its pharmacy-fulfillment operations here, hiring managers, pharmacists, pharmacy technicians, account managers and sales staff. Arcadia leased 18,615 square feet of space earlier this year at 9320 Priority Way West in the Precedent Office Park. The provider of health care services is trying to grow its DailyMed pharmaceutical service, which packages dosages of prescriptions into individual packets, to make it easier for patients on numerous medications to stick to their drug regimens. "Our goal is to make Indianapolis the central fill hub for our system," CEO Marvin Richardson told investors during a Feb. 5 conference call. "So all things done with actually dispensing the boxes, will be done in Indianapolis. So things like customer service, order entry, prescription transfers, the medication therapy management component can all be done there. And the capacity that we have in that building will allow us to do that."

Health and Hospital Corp. of Marion County, which operates Wishard Health Services, selected Indianapolis-based American United Life Insurance Co. as its provider of 457 and 403(b) retirement plans. Health and Hospital has 4,500 participants in its plans and more than $46 million in assets. American United Life, or AUL, is a unit of Indianapolis-based OneAmerica Financial Partners Inc.