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: