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Health tech firm adds 175 new jobs, capping strong week for Indiana

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ZIONSVILLE – A high-tech health software firm is bringing more new jobs to central Indiana.

The company, called hc1.com, will add 175 new jobs over the next five years, according to CEO Brad Bostic.

“Absolutely it’s exciting,” said Bostic. “When we look at the opportunity to locate here versus other options around the country, we truly are able to see (Indiana) has all the qualities you want.”

The company is also getting $3 million in conditional tax credits from the state, and Bostic says he’s pleased with the growing tech scene in Indiana, and the state’s business-friendly environment.

“In the state of Indiana, we have such smart people coming out of our universities, and we’ve actually had a lot of success not only in high-tech but also in the health care world,” said Bostic. “What we’re really doing is kind of at the cross section of both of those.”

The company makes software that helps hospitals and doctor’s offices analayze information, so that patients also have more information about their own health.

Meantime, state officials are also crunching the numbers, after a good start to 2014. The state’s unemployment rate dropped a full two percent over the last year, down to 5.9% in March, which was still better than the latest national numbers (6.3%) released on Friday.

“In the state of Indiana, our unemployment rate has been going down significantly while our labor force has been growing,” said Joe Frank with the Department of Workforce Development. “We’re growing jobs at a good clip, and unlike some of our neighboring states, more people are coming back into our labor force to get jobs… all of those combined really paint a pretty good picture for the first part of the year.”