Indiana’s Health Innovation Engine
IU Health, Parkview, and Eskenazi Boost 16 Tech’s Outside-In Revolution
📌 Part 1 of 3 in the IN Pulse Health Innovation Series
A public/private partnership in Indiana has laid the groundwork for innovation that shapes the future of healthcare. We’ve heard the recent announcements around innovation — Ascension’s Clinical Innovation Institute and Cleveland Clinic’s pivot to an “outside-in” model. In Indiana, hospitals like IU Health, Parkview Health, and Eskenazi Health have plugged into a trend that has been over a decade in the making, each with a distinct, high-impact role at 16 Tech Innovation District.
Three Hoosier health systems. One innovation district. A decade in the making.
BioCrossroads and 16 Tech are initiatives of Central Indiana Corporate Partnership (CICP), Indiana’s public-private partnership to promote economic development in Central Indiana. BioCrossroads was a key leader in 16 Tech’s development serving as a founding anchor tenant and strategic quarterback, aligning startups, hospitals, and research (IU School of Medicine, Indiana Biosciences Research Institute) — transforming the district into a national model for collaborative biosciences R&D.
The Decade-Long Journey (2011–2025)
2011: Vision for a tech district near IUPUI + hospitals
Dec 2018: Construction begins ($160M) – BioCrossroads, IBRI, IU School of Medicine anchor Building One
Aug 2020: Official launch – HqO (maker space) + Innovation Building 1 open
2023: Heartland BioWorks wins federal Tech Hub designation (up to $75M) – BioTrainworkforce program launches at 16 Tech
July 2025: Indiana named Radiopharmaceutical Capital of the World
Connected Health Systems
The decade long development journey is bearing fruit. Three health systems in Indiana, IU Health, Eskenazi Health, and Parkview Health are plugged into the collaborative innovation hub.
Parkview validates. IU Health accelerates. Eskenazi integrates. Together, they make Indiana the blueprint for hospital-led innovation.
The Payoff for Indiana
$150B life sciences economic impact (2025)
50,000 projected jobs by 2030
$0.52 multiplier per dollar invested
Precision therapies: PET scans, alpha-particle cancer treatments
Equity in action: Eskenazi ensures underserved patients access 16 Tech innovations
Want to plug in?
📌 Part 1 of 3 in the IN Pulse Health Innovation Series
➡️ Part II: West Lafayette’s One Health Boom → [coming soon]
➡️ Part III: Next 4 Hotspots → [coming soon]
Sources: Parkview Health, IU Health, Eskenazi Health, BioCrossroads, IBJ, Inside INdiana Business (2018–2025)