Stratice Healthcare Expands Its Carmel, Indiana, Operations Center
The Indiana-based company will invest $710,000 to reconfigure its 3,500 square feet of office space in the Carmel City Center, with an additional 2,000 square feet planned by the end of the year to accommodate an expansion of the company’s e-prescribing platform. With its growth, the company plans to meet healthcare industry demand for its electronic ordering software service, which allows healthcare providers to electronically transmit patient orders to a nationwide network of suppliers.
“The unique combination of a talented local workforce and a vibrant, collaborative business community, particularly in the health and life sciences sector, made for an easy decision as we continue to expand in central Indiana,” said John Brady, CEO/Co-founder of Stratice. “Through our cloud-based platform, Stratice is poised to help lead the next chapter in innovation and interoperability for healthcare systems by forever changing the way home and durable medical equipment and supplies are prescribed for the end-user, which ultimately drives better patient care and outcomes.” Stratice, which currently employs 15 full-time Indiana employees, has already begun hiring for IT, sales, marketing and professional positions.
As an incentive, Indiana Economic Development Corporation offered Stratice Healthcare up to $750,000 in conditional tax credits based on the company's job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Carmel supports the project.
“With life science exports second in the nation and a rising status as a regional technology hub, Indiana stands out as the perfect location for companies like Stratice,” said Eric Doden, President of the Indiana Economic Development Corporation. “Operating at the intersection of healthcare and technology, Stratice gains the advantage of doing business near strong and growing industries, each benefiting from a stable tax climate and the a skilled workforce all here in a state that works.”
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