Company news

Hc1.com has raised $14.4 million more from angel investors to help it pursue an audacious goal: It wants to become the Salesforce.com of the health care industry. Zionsville-based Hc1 is using the money to expand from its roots—making software to help medical labs, pharmacies, physicians and hospital systems track the business relationships they have with one another—into a company that also helps those organizations interact directly with patients. Hc1 expects the value of its customer contracts to nearly triple this year, from $13.8 million to $35 million. The company employs about 100 people.

All signs suggest Franciscan Alliance’s deal to sell its shuttered Beech Grove hospital campus to a California developer has fallen through. Two Beech Grove officials said March 11 that a $3.75 million purchase agreement between Franciscan and Los Angeles-based DealPoint Merrill expired the previous day without closing. Franciscan issued a statement March 11 that referred to DealPoint Merrill as “the party previously interested” in buying the 14-acre Beech Grove campus. Franciscan closed its Beech Grove hospital in April 2012 and consolidated operations at an expanded campus seven miles south, near Interstate 65. A loan request document prepared by DealPoint and obtained by IBJ said the developer hoped to fill the 869,000 square feet of rentable space in the former hospital campus with medical tenants. There is now a new potential buyer waiting in the wings. Joe Whitsett, CEO of Indianapolis-based TWG Development LLC, has drawn up a proposal to replace most of the hospital buildings with single-family homes.

Two Indiana State Medical Association computer hard drives that have been stolen contain insurance information on 39,000 people, according to the Associated Press. One of the physicians trade group’s employees was transporting two archive backup hard drives to an offsite storage location when the theft occurred on Feb. 13. The association described the theft as "a random criminal act" and said it is being investigated by the Indianapolis Metropolitan Police Department. The hard drives stored ISMA's group health and life insurance databases, and included identifying information such as Social Security numbers, names, addresses, dates of birth, email addresses and personal medical histories, the association said.

St. Vincent Health opened a 95,000-square-foot Women's Center next to St. Vincent Carmel Hospital on March 14, according to the Indianapolis Star.  The new facility houses multiple obstetrics-gynecology practices, pelvic health physicians, and a breast center. The center was estimated to cost as much as $25 million to build. There are also spaces for physical therapy, prenatal groups and cooking classes.