Company to invest more than $1.3 million
FRANKFORT, Ky. (April 15, 2013) – 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. Steve 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-s.f. 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.”
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.
“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/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.