Southwest IN Flexes Life Science Muscle

Posted: Updated:
In a video blog called "The Real Southwest Indiana," Greg Wathen spoke with Deaconess Health System CEO Shawn McCoy. In a video blog called "The Real Southwest Indiana," Greg Wathen spoke with Deaconess Health System CEO Shawn McCoy.
EVANSVILLE -

The president of the Economic Development Coalition of Southwest Indiana says the region is seeing major strength from a sector that may surprise some. Greg Wathen says the life sciences support more than 27,000 jobs and contribute about $1.9 billion to the region's Gross Domestic Product, making it Southwest Indiana's second-largest sector. He says Evansville's Stone Family Center For Health Sciences, the Poseyville Regional Medical Center and the Deaconess Orthopedic & Neuroscience Hospital represent more than $200 million in new investment.

In a video blog called "The Real Southwest Indiana," Wathen profiled the sector and spoke with Deaconess Health System Chief Executive Officer Shawn McCoy.

The recently-opened Deaconess Orthopedic & Neuroscience Hospital is a $150 million project, including a more than 600-spot parking structure. McCoy says the system draws patients from a 26-county area, and demand outpaced what current facilities could handle.

The $70 million Stone Family Center for Health is set to open this fall. It's named in honor of Connecticut-based SS&C Technologies Inc. founder Bill Stone, who donated $15 million toward the project. The facility is a collaboration among Indiana University, the University of Evansville and the University of Southern Indiana.

The Poseyville Regional Medical Center held its dedication in June 2017. The facility serves rural communities throughout southwest Indiana.

You can see the video blog below:

 

  • Perspectives

    • Mitigating Your Company’s Cybersecurity Risk

      Frequently, I encounter people who think that a software developer understands all languages and can “fix” anything tech related. While that may be true for a few, areas of expertise within tech evolve as rapidly as the technology itself. For instance, there was a time (not long ago) when operating in the cloud was revolutionary. Today, it is considered best practices for some or all of an organization to function within a cloud. Managed information technology began with...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • (photo courtesy Dax Norton)

      Whitestown Tops Indiana's Fastest-Growing Communities

      The Indiana Business Research Center at the Indiana University Kelley School of Business says Whitestown in Boone County is Indiana's fastest-growing community for the eighth consecutive year. The center says the town's population nearly tripled, from 3,132 in 2010 to 8,627 last year. Westfield in Hamilton County is not far behind. Its population grew 5.2 percent in 2018, according to information reported by the U.S. Census Bureau. Other communities on the list include...

    • (Image courtesy of the Indiana Economic Development Corp.)

      Indy-to-Paris Flight Celebrates One Year

      One year after the first nonstop flight from Indianapolis International Airport to Paris, Airport Authority Executive Director Mario Rodriguez says the flight is "fully meeting our expectations." He says, on average, more than 1,000 passengers per week fly between Indianapolis and Paris. Delta Air Lines Flight 500 marked IND's first year-round, nonstop transatlantic air service to Europe. The airline increases the route's frequency throughout the spring, summer and fall...

    • (photo courtesy of Farmer's Fridge)

      Farmer's Fridge Expands to Indianapolis

      A Chicago-based company is looking to make fresh, healthy food as convenient in Indianapolis as a candy bar. Farmer’s Fridge has expanded to more than a dozen locations in the Indy market with its "smart fridges" the size of vending machines, which feature a variety of freshly-made products such as salads, bowls and snacks. Rachel Rischall, director of communications for Farmer's Fridge, says the food is made fresh every day and shipped to nearly 300 fridges in...

    • The Waterside project aims to transform 100-acres of the former GM Stamping Plant site. (photo courtesy of Ambrose Property Group)

      Ambrose, Glick Partner on Waterside

      Indianapolis-based Ambrose Property Group has announced a key partnership for the redevelopment of the former GM Stamping Plant in downtown Indianapolis. The commercial real estate firm is teaming up with the Gene B. Glick Co. to build and manage apartments as part of the $1.4 billion mixed-use redevelopment project. Ambrose says the partnership is also part of plans to catalyze "philanthropic and community-centric strategies to strengthen Indianapolis." The firm also...

    • Pearl will take the position on May 22

      Bloomington Launches Online Economic Development Tool

      The city of Bloomington has officially launched its new online development tool. The platform will streamline public data for current and prospective business owners and entrepreneurs.