FRANKFORT, Ky. — Community Wellness Technology Inc., a provider of remote patient monitoring and clinical health coaching services for the health care industry, invested $3 million in the Danville facility, with plans to invest up to $15 million. The project will create 445 well-paying jobs across the coming years.
Community Wellness recently leased a 22,000-plus-square-foot facility on Lebanon Road in Danville. The operation will develop comprehensive and fully integrated remote patient monitoring and behavioral health services for COVID-19 patients, those managing chronic conditions, and other healthcare-related uses.
The facility also will serve as a training center for the company’s employees. Community Wellness already has begun hiring efforts, with the facility expected to be operational in the coming weeks. Positions among the nearly 450 jobs created by the project include clinical health coaches, patient support staff, and IT roles.
Established in California in 2019, Community Wellness provides telehealth and remote patient monitoring services to patients with congestive heart failure, chronic obstructive pulmonary disorder, diabetes, hypertension, and obesity. The company also provides behavioral health products for medication adherence, chronic condition management, and preventive health measures using technology and personalized coaching to reduce emergency room visits and hospital readmissions.
To encourage investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) today preliminarily approved a 10-year incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide up to $2 million in tax incentives based on the company’s investment of $3 million and annual targets of:
- Creation and maintenance of 445 Kentucky-resident, full-time jobs across 10 years; and
- Paying an average hourly wage of $35.83 including benefits across those jobs.
By meeting its annual targets over the agreement term, the company can be eligible to keep a portion of the new tax revenue it generates. The company may claim eligible incentives against its income tax liability and/or wage assessments.
In addition, Community Wellness can receive resources from the Kentucky Skills Network. Through the Kentucky Skills Network, companies can receive no-cost recruitment and job placement services, reduced-cost customized training and job training incentives.
For more information on Community Wellness Technology, visit CommunityWellness.com.
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