In February, the Haelen Group will be the first company to move into the IU Advanced Research and Technology Institute’s new facility at 351 W. 10 St. in Indianapolis.
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ARTI announced plans in July to purchase a downtown Indianapolis building on the canal that will be developed into the IU Emerging Technology Center (ETC). When the present business moves out at the end of the year, the space will be transformed into an i
ncubator. The ETC will house small and start-up companies geared toward the life sciences. See: http://homepages.indiana.edu/071902/text/arti.html
The Haelan Group’s product is called One Care Street, a Web-based, predictive population health management system. Based on health perception science, the system pinpoints high-risk, high-cost members using self-reported member data.
Founder and CEO of the company is Julie Meeks, a former ER nurse with a doctorate in behavioral science who has been an adjunct professor at the IU School of Nursing.
While at the ETC, the Haelan Group will pay lower rent than offered in a typical commercial office building and be able to get expert advice on how to manage the business.
The National Business Incubation Association reports that about 75 percent of companies involved in incubators graduate. Of those, 84 percent remain in business after five years.
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