Company news

Cook Pharmica LLC plans to spend $28 million and hire 70 workers to add a new drug-filling line at its Bloomington facility, company and state officials announced Monday morning. Cook Pharmica, a subsidiary of medical-device maker Cook Group, currently employs 575 workers manufacturing and packaging drugs for use in clinical trials or for sale on the market. The new jobs are expected to add combined wages of $3.2 million—or an average of $46,000 per worker—according to an April report by the Bloomington Herald-Times after the Bloomington City Council approved a property-tax abatement for the project.

St. Vincent Health and a partner company have started meeting with health insurance brokers to pitch a program to save employers money by keeping workers and their families healthier. The program is operated by Tennessee-based MissionPoint Health Partners, which—like St. Vincent—is a subsidiary of St. Louis-based Ascension Health, the largest Catholic hospital system in the country. MissionPoint has hired 40 people in Indiana this year to serve St. Vincent’s own 17,000 employees and 72,000 Medicare patients that St. Vincent treats. Now, MissionPoint is pitching the program to employers that fund their own health benefits, promising better health and lower health care spending for workers in exchange for steering them to St. Vincent’s network of providers. St. Vincent’s MissionPoint program somewhat resembles what Indiana University Health’s insurance arm has been working on since 2013. IU Health plan now covers 80,000 Hoosiers, with the biggest chunk of those coming from IU Health’s own 28,000 employees.

The Ball State University board of trustees approved a $62.5 million health professions building that will consolidate health-related programs at the university’s Muncie campus. The 150,000-square-foot building would include classrooms, laboratories, offices, simulation labs and clinical spaces. Tentative plans call for these spaces to be used by the nursing, health sciences, speech pathology and audiology, nutrition and dietetics, social work and athletic training programs. Those programs are currently spread among various buildings on Ball State’s campus. Final site selection for the building will not be determined until a project architect is selected. At the earliest, construction will begin next summer.

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