KY: Imperium Health Management to Establish Louisville HQ, Create 40 Jobs
16 Apr, 2013
Governor Steve Beshear announced Imperium Health Management is establishing a headquarters operation in Louisville, creating 40 new, full-time jobs and investing more than $1.3 million in the project.
“Imperium Health Management is a new company with a strong vision for the future, and that is exactly what we want to see here in Kentucky,” said Gov. Beshear. “Headquarters are always exciting, because they bring top quality leaders and high-paying jobs. In this case, we have 40 of those jobs on the way, and that’s a victory for Louisville and the Commonwealth.”
Imperium Health Management provides focused solutions to enable physician-led accountable care delivery, including organization, implementation, care coordination and patient support to optimize medical cost and outcomes. Founded in 2010, the company currently has 11 employees. The new headquarters will be established in a 5,000-square-foot building on West Main Street in Louisville.
“Imperium has operations in Phoenix, Jacksonville, Chicago and two in Kentucky,” said Gary Albers, co-founder and COO. “Louisville provides us with a central location and easy access to the airport with ample flight options. The Commonwealth of Kentucky and the city of Louisville are a perfect choice for a health care start up. Louisville provides a deep legacy in health care, being here provides us with access to an employee base of health care thought leaders. With innovation happening in Louisville, this gives us exposure to companies and professionals alike, helping Imperium set the trend in the next wave of health care transformation: the Accountable Care Organization.”
To encourage the investment and job creation in Louisville, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $500,000 through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets.
“I am very pleased that Imperium Health Management is making this investment in our community by establishing a headquarters in Louisville and creating new jobs,” said Sen. Gerald A. Neal, of Louisville. “Louisville will reap the rewards of economic growth and these additional job opportunities. I applaud Gov. Beshear for taking the lead to support this industry, their employees and their families.”
“Louisville has built a strong and diverse reputation in the health care industry, and companies like Imperium Health Management will ensure that this stays that way in the years to come,” said Rep. Darryl Owens, of Louisville. “I’m definitely pleased it is locating its headquarters in our community, and that our local and state officials could work together to help make this possible.”
“These high-paying jobs are good for our economy, and they help further validate the city’s strength in the health care sector,” Louisville Mayor Greg Fischer said. “Imperium could have left for another city, but our pool of talented health care workers and these tax incentives helped ensure the company stays in Louisville – and grows here.”
“It’s exciting to know that Louisville’s skilled and knowledgeable health care talent made a difference in bringing and keeping one of the country’s first fully comprehensive health care enablement companies here,” said GLI president and CEO Craig Richard. “It speaks to our burgeoning position in the health care industry and our ability to deliver much needed and experienced talent.”
For more information on Imperium Health Management, visit www.imperiumhlth.com.
Information on Kentucky’s economic development efforts and programs is available at www.ThinkKentucky.com. Fans of the Cabinet for Economic Development can also join the discussion on Facebook at www.Facebook.com/ThinkKentucky or follow on Twitter at www.Twitter.com/ThinkKentucky.
A detailed community profile for Louisville (Jefferson County) can be viewed at http://www.thinkkentucky.com/EDIS/cmnty/index.aspx?cw=091.