IU Health president/CEO discusses innovation and entrepreneurial opportunities presented by IU Health Bloomington Medical Campus

Murphy2
IU Health President and CEO Dennis M. Murphy describes the future vision for IU Health and its partnership with Indiana University for a regional academic health campus to be built on Bloomington’s north side.                                   (Photo by Bill W. Hornaday)

The design phase of IU Health’s Bloomington Medical Campus is well under way, with groundbreaking projected for the second quarter of 2017 and about three years of construction to follow, IU Health President and CEO Dennis M. Murphy said Friday.

But the impetus behind its construction, planned along 75 acres north of the Indiana 45/46 Bypass next to the Indiana University Golf Course, is less about the buildings themselves and more about evolving models of health care and the opportunities for innovation and entrepreneurship they will create, Murphy told attendees of a Greater Bloomington Chamber of Commerce luncheon held at IU’s Franklin Hall.

At present, traditional care systems tend to be segmented into areas such as primary care, acute care within the hospital environment and post-acute care outside the hospital walls, Murphy said.

Through innovative concepts and design, the new campus — part of a partnership with Indiana University that will further expand its growing health sciences and technology programs — will better coordinate all areas of patient care. To illustrate such need, Murphy shared his own experience with a broken arm and a trip to the emergency room two years ago.

“When I left the hospital, they gave me information on ‘here’s who to call if your arm hurts,'” said Murphy, who became president of IU Health in September 2005 and assumed the CEO title in May. “But I’m a pretty informed guy. And still I found myself asking ‘who’s going to straighten my arm out?’ These are not questions that patients should be asking.”

One of only a few campuses of its type in the nation, it will include a new in-patient hospital and ambulatory center, along with an adjacent medical education building. The latter will allow IU’s health science and academic research units to relocate and expand in collaboration with the hospital. It also will provide opportunities for students to work and study alongside professionals in their respective fields.

“It will be the preeminent environment to practice, work, teach, learn, heal and enhance the quality of life for each person within the campus, community and region,” Murphy said.

By having the hospital and medical education center side-by-side, it is hoped they can attract additional economic growth along Bloomington’s north and east sides, said Kirk White, IU’s assistant vice president for strategic partnerships.

“Hopefully this will influence companies involved in health-related sciences or information technology to also locate there,” White said. “It is an attractive place for collaboration with private industry to invest in activities such as research for clinical trials. It would be a lot like what we have going on in Indianapolis — in some ways even better.”

Startups based on IU technology, know how to be highlighted at Indianapolis seminar on Aug. 30

BioCrossroads, which serves as a catalyst for the continued growth of Indiana’s life sciences industry, will host two startups based on Indiana University technology and know how during an event Tuesday, August 30 in downtown Indianapolis.

“Accelerating Innovation: How Indiana’s universities are taking innovate ideas to market” will be 8-10 am at D’Amore, 111 Monument Circle, Suite 4800. John Hanak, chairman of the International Business Innovation Association, will make a presentation about the role universities play in driving innovation to the marketplace.

Following the presentation, startups will share how their technologies have been turned into commercialized products. Apex Therapeutics and Wild Pitch Yeast are among the startups scheduled to attend. Apex Therapeutics is a biotechnology company focused on developing novel compounds to treat cancer. Its scientific founder is Dr. Mark Kelley of the IU School of Medicine. Wild Pitch Yeast offers novel yeast strains for brewing, yeast consulting, banking and lab services. It was founded by Dr. Matthew L. Bochman of the Molecular and Cellular Biochemistry Department at IU Bloomington.

Registration information for the event is available here.

 

IU researcher-entrepreneurs could benefit from Spin Up’s new business service providers

Spin Up, an entrepreneurship program managed by Indiana University Research and Technology Corp., now offers more connections between business service providers and IU faculty-entrepreneurs who have launched their own company.

Jerry Hunter
Jerry Hunter

Jerry Hunter, Spin Up associate, said the in-state business providers offer services in legal, accounting, human resources, banking, tax preparation and insurance.

“Indiana University researchers are among the foremost experts in their fields, but they might not have the background to manage startup-related activities,” he said. “Spin Up can make those connections with the business service providers so researchers can spend more time honing their innovations for the market.”

More information about the new business services offered through the Spin Up program is available here.

IUSB & Beacon Health partner for student internships in rehabilitative therapy and sports science

77586aUnder a new program offered by IU South Bend’s Vera Z. Dwyer College of Health Sciences, students with interests in fitness or rehabilitative science will be able to gain practical, on-the-job experience through a collaboration with Memorial Hospital of South Bend’s Department of Rehabilitation.

A part of Beacon Health System, Memorial’s rehab department consists of more than 120 employees with multiple locations throughout the Michiana region. Through the internship program, IUSB students will gain exposure to cutting-edge and evidence-based education that may to future employment opportunities with the Beacon system.

By providing students more opportunities and enhanced job skills and experiences while still in college, it is hoped that future graduates will enter Indiana’s workforce more smoothly. In turn, this would help reduce the growing “gap” between higher demand for technically skilled workers and the number of graduates who have such skills — a key challenge within the state’s economy.

“I am thrilled to bring the sport and exercise program to IU South Bend and to our community,” said Dawn Hopkin, assistant professor of health sciences, sport and exercise at IUSB. “I want to prepare students who can prescribe exercise effectively and safely implement a program to improve patient health outcomes. Exercise can be a powerful medicine.”

“As we introduce a health care model that focuses on wellness and a fitness model that focuses on medical integration, we’re fortunate to have such strong leadership from IU South Bend in our community to prepare individuals for careers in healthcare,” Beacon Health & Fitness Director Alan Loyd said.

To learn more about the program, read here.

President McRobbie cites Innovate Indiana Fund, IURTC successes in Indianapolis Business Journal column

IU GatesPresident Michael A. McRobbie wrote a column titled “The university as an engine for innovation” for the Indianapolis Business Journal.

The entire column is available here.

President McRobbie, who also is Chairman of the Indiana University Research and Technology Corp., cited several success stories from the Innovate Indiana Fund and IURTC to highlight key points about public universities and innovation.

Michael A. McRobbie
Michael A. McRobbie

“Ours is an unwavering commitment to creating and advancing the academic, economic, social, environmental and cultural fabric of the Hoosier state,” McRobbie writes. “With the generous support of our alumni and friends, we will continue to do just that, through our major contributions to economic development and our continued investment in building a culture of entrepreneurship and innovation that permeates our great state.”

Three IU economic development projects are selected as finalists for UEDA Awards of Excellence

Co-founders Matthew Callison and Tiffany Roman of Critique.
Matthew Callison (L) and Tiffany Roman (R) are the co-founders of Critique, which won the inaugural B-Start competition hosted by Innovate Indiana in December 2015. B-Start is one of 20 economic development programs nationwide chosen by UEDA as finalists for its Award of Excellence — and one of three finalists that represent Indiana University. 

Three Indiana University programs are among 20 finalists for the University Economic Development Association’s (UEDA) Awards of Excellence to be presented at UEDA’s Annual Summit on Oct. 16-19 in Roanoke, Va.

Under the “Innovation and Talent” category, IU Bloomington was selected for its partnership with the Bloomington Economic Development Corp. to launch the B-Start pre-accelerator. B-Start seeks to provide entrepreneurial mentors from the Bloomington business community to advise student-run ventures at IU Bloomington and Ivy Tech Community College.

Another finalist within the same category is the DIVE program at IUPUI. DIVE (Discovery, Innovation and Ventures Enterprise) brings IUPUI students in contact with entrepreneurs, equity investors and service providers who help young companies grow.

Within the “Place” category was an IU Kokomo initiative known as “Steward of Place: How IU-Kokoko Engages with the North Central Indiana Region to Support Economic Development.” Serving as a “Steward of Place” is a key strategic priority for the campus and Chancellor Susan Sciame-Giesecke, as IU Kokomo has created advisory boards in seven of 12 communities it serves.

These boards help the campus learn about community challenges and provide strategies for how the campus and community can partner to solve them. Last year, Sciame-Giesecke was appointed to UEDA’s National Board of Directors and serves as chair for the Greater Kokomo Economic Development Alliance.

Learn more about UEDA’s Awards of Excellence and other finalists here: