A Carmel-based software development firm focused on health care information is in the midst of an expansion that includes spending $4.2 million on its headquarters and hiring 40 more employees.
Clinical Architecture moved earlier this year from 9,400 square feet on the fourth floor of the Meridian Mark One Building at 11611 N. Meridian St. to 23,500 square feet of space on the fifth floor.
Its $4.2 million investment includes the cost of the 10-year lease and renovating and equipping the new headquarters space. The latter two elements already are essentially complete, company representatives told IBJ.
Clinical Architecture already has hired a handful of the 40 employees it has committed to bringing on by 2021, said Michael Wallack, the firm’s general counsel.
The Indiana Economic Development Corp. has offered the firm $700,000 in tax credits and $100,000 in training grants, based on its job creation plans. The tax credits are conditional, meaning they can’t be claimed until positions are filled.
Founded in 2007, Clinical Architecture creates software for managing and using medical data and other information. It employs 57 people, including 52 at its Carmel headquarters.
It’s hiring software developers and clinical experts, as well as for sales, marketing and product management positions.
“These aren’t entry-level positions,” Wallack said. “We’re hiring people to help us continue to develop our products and/or people who have the clinical background needed to help us expand our product line.”
The positions, on average, are expected to pay more than double the state’s average wage of about $47,000 per year, according to the IEDC.