LOUISVILLE, Ky. — Confluent Health LLC plans to relocate and expand its headquarters in Louisville, a project that will create 350 full-time Kentucky-resident jobs with an investment of about $10 million.
A location for the project has yet to be determined, though company leaders expect the project to double office space from 18,000 square feet to over 36,000 square feet. Confluent Health will expand its headquarters in response to significantly increased demand resulting from numerous acquisitions and organic growth.
Jobs created with the expansion will include marketing, IT, human resources, administrative and executive roles. Work on the project will begin in the coming weeks with completion anticipated by summer 2022. Confluent currently employs 123 people in Louisville.
Confluent Health operates five divisions, including 42 physical and occupational therapy company partners spanning 512 outpatient physical therapy locations across 29 states. Confluent Health maintains a higher education company focused on post-professional training where it houses a residency and fellowship program and offers university partnerships in entry-level physical and occupational therapy, as well as PA programs.
It also operates an occupational health company with over 1,500 workplace safety and injury prevention sites in 48 states, a national independent provider association, and Confluent Ventures, an innovation center with digital health, virtual reality physical therapy and omnichannel health care pathway services.
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 $3.5 million in tax incentives based on the company’s investment of $8.56 million and annual targets of:
- Creation and maintenance of 350 Kentucky-resident, full-time jobs across 10 years; and
- Paying an average hourly wage of $37.50 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, Confluent Health can receive resources from Kentucky’s workforce service providers. These include no-cost recruitment and job placement services, reduced-cost customized training and job training incentives.
For more information on Confluent Health, visit GoConfluent.com.
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